On June 26, Monolithic Power Systems fell 3.88% in pre-market trading, trading at $1,392.2/share, with turnover of $116,800.
On the news front, the semiconductor sector declined broadly, with Micron Technology down 4.09%, Marvell Technology down 3.22%, Intel down 3.22%, Advanced Micro Devices down 2.85%, and NVIDIA down 1.29%, creating significant sector-wide drag on the stock. The stock had previously surged after NVIDIA announced its next-generation 800V power architecture partner list, with MPS named among the officially endorsed suppliers, positioning the company as a core beneficiary of AI data center power conversion chain upgrades. Additionally, expectations of power management IC price increases, with the company planning to expand repricing scope in July, had further fueled the rally. The current pullback reflects continued profit-taking following the rapid run-up, compounded by renewed sector weakness and technical selling pressure.
(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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