On June 5, Monolithic Power Systems fell 4.3% in regular trading, trading at $1,565.02/share, with trading volume of $125 million.
On the news front, the semiconductor sector experienced a broad-based sell-off, with Marvell Technology down 6.97%, Micron Technology down 6.38%, Advanced Micro Devices down 6.24%, Broadcom down 4.17%, and NVIDIA down 2.89%, creating significant sector-wide downward pressure. The stock had previously rallied sharply to approximately $1,680 following catalysts including NVIDIA's next-generation 800V power architecture partnership ecosystem, in which MPS was listed among official collaboration partners, as well as ongoing power management IC price hike expectations. MPS issued a price increase notice in March and plans to further expand the scope of price adjustments in July. However, following the rapid run-up, technical selling pressure has continued to build, with the stock already declining 3.94% the previous session on June 4 amid the same sector rotation dynamics.
(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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