On May 20, Monolithic Power Systems rose 3.01% in regular trading, trading at $1,513.92/share, with trading volume of approximately $95.98 million. The rebound was driven by a broad semiconductor sector rally and reports of a pricing wave spreading to the power management IC segment.
The semiconductor sector staged a strong collective rally, with Intel up 9.01%, Marvell Technology up 8.01%, Advanced Micro Devices up 5.74%, Micron Technology up 1.91%, and NVIDIA up 1.03%. The sector linkage effect helped lift MPS from its recent consecutive pullback. Additionally, a semiconductor price hike wave has extended into power management ICs, with major players including Texas Instruments, NXP, MPS, and MediaTek subsidiary Richtek planning price increases from June through July. MPS issued a price hike notice in March and plans to further expand its repricing scope in July, supporting improved profitability expectations for the second half.
(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.)