KPMG Peat Marwick LLP






The Board of Directors
Microchip Technology Incorporated:

We consent to incorporation  by reference in the registration  statement on Form
S-8 of  Microchip  Technology  Incorporated  of our report dated April 18, 1997,
relating to the consolidated balance sheets of Microchip Technology Incorporated
and  subsidiaries  as of March 31, 1997 and 1996,  and the related  consolidated
statements of income,  stockholders' equity and cash flows for each of the years
in the three-year  period ended March 31, 1997 which report appears in the March
31, 1997, annual report on Form 10-K of Microchip Technology Incorporated.



                                        /s/ KPMG Peat Marwick LLP

Phoenix, Arizona
November 17, 1997