Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
LAMBERT DAVID S
 2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [MCHP] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Fab Operations
(Last)
(First)
(Middle)

C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
03/31/2007
(Street)


CHANDLER, AZ 85224-6199		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 10/27/2006   G 408 D $ 32.41 162,442 (1) (2) I Held Directly and Indirectly by Trust and Reporting Person's Children (2)
Common Stock 10/30/2006   G 2,600 D $ 32.88 159,842 (3) I Held Directly and Indirectly by Trust and Reporting Person's Children (3)
Common Stock 11/01/2006   G 325 D $ 32.23 159,517 (4) I Held Directly and Indirectly by Trust and Reporting Person's Children (4)
Common Stock 03/02/2007   G 410 D $ 35.17 159,107 (5) I Held Directly and Indirectly by Trust and Reporting Person's Children (5)
Common Stock 03/02/2007   G 810 D $ 35.17 158,297 (6) I Held Directly and Indirectly by Trust and Reporting Person's Children

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LAMBERT DAVID S
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD
CHANDLER, AZ 85224-6199		       VP, Fab Operations  

Signatures

Deborah L. Wussler, as Attorney-in-Fact 05/02/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On 04/24/2007, the Reporting Person transferred ownership of 548 shares from Direct holding to Indirect holding, by Trust.
(2) Of the 162.442 shares held, 159,526 shares were held Directly; 1,377 shares were held by Trust; 714 shares were held by Reporting Person's son; and 825 shares were held by Reporting Person's daughter.
(3) Of the 159,842 shares held, 156,926 shares were held Directly; 1,377 shares were held by Trust; 714 shares were held by Reporting Person's son; and 825 shares were held by Reporting Person's daughter.
(4) Of the 159,517 shares held, 156,601 shares were held Directly; 1,377 shares were held by Trust; 714 shares were held by Reporting Person's son; and 825 shares were held by Reporting Person's daughter.
(5) Of the 159,107 shares held, 156,191 shares were held Directly; 1,377 shares were held by Trust; 714 shares were held by Reporting Person's son; and 825 shares were held by Reporting Person's daughter.
(6) Of the 158,297 shares held, 155,381 shares were held Directly; 1,377 shares were held by Trust; 714 shares were held by Reporting Person's son; and 825 shares were held by Reporting Person's daughter.

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