Movement Alert｜Monolithic Power Intraday Rise 3.01% in Regular Trading, Semiconductor Rebound Eases 337 Investigation Overhang

Market Focus10-21

On October 21, Monolithic Power rose 3.01% in regular trading, trading at $1284.795 per share, with turnover of $146 million.

The move aligned with a broader rebound in semiconductor stocks, which helped ease near-term pressure from the company’s inclusion in a US ITC Section 337 investigation tied to certain vertical power supply systems.

Contextually, Micron Technology rose 2.24%, Advanced Micro Devices gained 2.98%, NVIDIA added 1.88%, Intel advanced 1.23%, and Taiwan Semiconductor Manufacturing rose 0.75%. The company had previously disclosed a long-term manufacturing agreement with GlobalFoundries, while the market is also watching its next earnings release scheduled for October 29, with consensus EPS at 6.8.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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