On June 8, Monolithic Power Systems rose 4.65% overnight, trading at $1,549.9/share, with trading volume of $205,000.
The rebound was driven by a broad recovery in the semiconductor sector, with Marvell Technology up 7.23%, Micron Technology up 2.6%, Advanced Micro Devices up 1.58%, Broadcom up 1.13%, and NVIDIA up 0.6%, generating positive sector linkage effects. Additionally, NVIDIA previously announced its next-generation 800V power architecture partner list, with MPS positioned in the officially endorsed supplier lineup. The 800V architecture signals a comprehensive upgrade in AI data center power conversion chains, directly benefiting MPS as a core supplier.
Meanwhile, the power management IC price hike wave continues to intensify. MPS issued a price increase notice in March and plans to further expand price adjustment scope in July, with second-half earnings improvement expectations continuing to support market sentiment. The stock had previously retreated from a high near $1,680 due to sector-wide selling pressure between June 4-5, and the current overnight move represents a technical rebound.
(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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