On July 7, Monolithic Power Systems fell 3.78% in regular trading, trading at $1266.62/share, with Turnover of $78.17 million.
Within the Semiconductors sector where Monolithic Power Systems belongs, the overall sector showed broad weakness. Among individual stocks, Intel down 8.18%, Marvell Technology down 7.54%, Micron Technology down 7.25%, Advanced Micro Devices down 7.19%, NVIDIA down 1.83%.
Monolithic Power Systems is a fabless global company that designs, develops, markets, and sells semiconductor-based power electronics solutions for storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides DC to DC integrated circuits used to convert and control voltages across various electronic systems including cloud-based CPU servers, server AI applications, and 4G/5G infrastructure.
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