Monolithic Power Revenue Jumped 48%. Can AI Power Chips Keep the Momentum Going?
On July 30, Monolithic Power Systems reported second-quarter revenue of $980.6 million, up 47.6% from a year earlier and 21.9% sequentially. The pace puts its AI opportunity into reported results. Monolithic Power Systems, Inc. (NASDAQ:MPWR) does not sell AI accelerators. It supplies the power-management components that help those expensive processors operate efficiently, making the company […]
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