Top 8 Must-See AI News Updates Investors Should Not Miss

4. Microchip Technology Inc. (NASDAQ:MCHP)

Number of Hedge Fund Holders: 37

Microchip Technology Inc. (NASDAQ:MCHP) supplies smart, easy-to-use, and secure embedded control and processing solutions, enabling clients in the automotive, industrial, aerospace, computing, and communications sectors to develop optimal designs while lowering risk, overheads, and time to market.

On February 19th, Microchip Technology (NASDAQ:MCHP) announced the launch of the MPLAB AI Coding Assistant, based on open-source AI code assistant Continue, to help software developers and embedded engineers write and debug code. The tool is a Microsoft Visual Studio Code extension, which comes preconfigured with Microchip’s AI chatbot for real-time support. It offers a unique sidebar chat feature for code evaluation and iteration. The feature-rich tool also comes with advanced autocomplete for simpler coding, an edit option, error detection, and seamless access to documentation on Microchip’s microcontrollers and processors.

“The MPLAB® AI Coding Assistant represents a significant leap forward in software development and will transform how engineers work with Microchip products. We’re harnessing the power of AI to provide interactive, real-time support that helps developers create better software, more quickly and with less hassle.”

-said Rodger Richey, VP of development systems and academic programs at Microchip Technology Inc.