On June 10, Monolithic Power Systems fell 3.39% in pre-market trading, trading at $1480.0/share, with trading volume of $1.56 million.

On the news front, the semiconductor sector resumed a broad selloff, with Micron Technology down 4.28%, Marvell Technology down 3.85%, Advanced Micro Devices down 3.47%, Intel down 3.14%, and NVIDIA down 2.07%. The sector-wide linkage effect significantly weighed on MPWR shares.

The stock had previously surged to near $1680 following NVIDIA's announcement of its next-generation 800V power architecture partner list, which included MPS as an officially endorsed supplier, combined with ongoing power management IC price hike expectations with further adjustments planned for July. After reaching those highs, the stock underwent multiple rounds of correction and had just completed a rebound recovery on June 8-9 before renewed sector weakness and persistent profit-taking pressure resumed technical selling.

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