On June 22, Monolithic Power Systems fell 3.03% in regular trading, trading at $1518.47/share, with turnover of $285 million. The stock continued to exhibit independent weakness relative to the broader semiconductor sector.
On the news front, the stock had previously surged after NVIDIA announced its next-generation 800V power architecture partner list, with MPS named among the officially endorsed suppliers. Combined with expectations of power management IC price hikes — with the company planning to expand its repricing scope in July — the stock experienced a rapid short-term rally. However, the stock has since undergone multiple rounds of profit-taking as gains accumulated.
On the session, the semiconductor sector showed notable divergence. Micron Technology rose 4.62%, Intel gained 3.81%, and Advanced Micro Devices added 1.26%, while NVIDIA dipped 0.64%. Despite the sector leaning positive overall, Monolithic Power Systems traded independently weaker, indicating that stock-specific selling pressure remains concentrated as investors continue to lock in profits from the prior catalyst-driven surge.
(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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