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Stock impact report

Monolithic Power Systems (MPWR): Positioned for the Next Wave of AI [Yahoo! Finance]

Monolithic Power Systems, Inc. (MPWR) 
Last monolithic power systems, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.monolithicpower.com/investor-relations
Company Research Source: Yahoo! Finance
Stein reiterated a Buy rating on Monolithic Power Systems, Inc. (NASDAQ:MPWR) and maintained his $1,396 price target. This move came right after Truist met with Monolithic's executives. Monolithic Power Systems (MPWR): Positioned for the Next Wave of AI Stein noted that during the meeting, management pointed to the company's expanding design win pipeline. These design wins are rooted in Monolithic's growing footprint in AI infrastructure. Interestingly, this aspect also happens to have been key in Truist's stance on Monolithic in an earlier note, posted on December 19, where the firm raised its price target to $1,375 from $1,163 and left the Buy rating unchanged. In that note, Truist noted that Monolithic was benefiting from next-generation GPU and XPU platforms that require higher-density power delivery. The note added that the company's proprietary DC to DC converters and vertical power delivery solutions were targeting a market opportunity of more than $4 billion in AI data c Show less Read more
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