On June 8, Monolithic Power Systems rose 3.17% in pre-market trading, trading at $1,511.47/share, with trading volume of $338,000. The stock rebounded as the broader semiconductor sector staged a collective recovery, with sector momentum providing a tailwind.
On the news front, the semiconductor sector saw broad-based gains, with Marvell Technology up 6.84%, Micron Technology up 4.11%, Advanced Micro Devices up 2.06%, NVIDIA up 1.36%, and Broadcom up 1.35%, creating significant sector linkage effects. Additionally, NVIDIA previously announced its next-generation 800V power architecture partner list, with MPS officially named among the endorsed suppliers. The 800V architecture signals a comprehensive upgrade in AI data center power conversion chains, positioning the company as a direct beneficiary as a core supplier.
Meanwhile, the power management IC price hike wave continues to build momentum. MPS issued a price increase notice in March and plans to further expand the scope of price adjustments in July, with improving second-half earnings expectations continuing to bolster market sentiment.
(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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