On June 25, Monolithic Power Systems rose 3.68% in pre-market trading, trading at $1,479.8/share, with turnover of $514,500. The stock rebounded alongside a broad semiconductor sector recovery following a multi-day pullback.
On the news front, the semiconductor sector staged a collective rebound, with Micron Technology surging 17.12%, Intel rising 6.02%, AMD gaining 3.8%, and Broadcom adding 2.17%, creating significant sector-wide tailwinds for MPS. NVIDIA previously announced its next-generation 800V power architecture partner list, with MPS included in the officially endorsed lineup. The full-scale upgrade of AI data center power conversion chains directly benefits the company as a core supplier. Additionally, the power management IC price increase wave continues to intensify, with the company planning to further expand its repricing scope in July, sustaining market optimism around second-half earnings improvement.
(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.)
Comments