Exhibit 23.1

                          INDEPENDENT AUDITORS' CONSENT


The Board of Directors
Microchip Technology Incorporated:


We consent to the  incorporation by reference in the registration  statements on
Form S-8 Nos.  33-59686  dated March 17,  1993,  33-80072  dated June 10,  1994,
33-81690  dated July 18, 1994,  33-83196  dated August 24, 1994,  333-872  dated
January 23, 1996,  333-40791  dated November 21, 1997,  333-67215 dated November
13, 1998,  333-93571 dated December 23, 1999,  333-51322 dated December 6, 2000,
and 333-53876 dated January 18, 2001 of Microchip  Technology  Incorporated,  of
our report dated April 30, 2001, relating to the consolidated  balance sheets of
Microchip  Technology  Incorporated  and  subsidiaries  as of March 31, 2001 and
2000, and the related  consolidated  statements of income,  stockholders' equity
and  other  comprehensive  income,  and cash  flows for each of the years in the
three-year  period ended March 31, 2001,  which report  appears in the March 31,
2001 annual report on Form 10-K of Microchip Technology Incorporated.


                                        /s/ KPMG LLP

Phoenix, Arizona
May 14, 2001