MPWR

Over the past six months, Monolithic Power Systems' stock has experienced upward momentum due to strong earnings and increasing demand related to AI infrastructure and automotive growth. The stock rose approximately 34% driven by record earnings, AI-driven data center demand, and improved order visibility. MPS was added to the NASDAQ 100 in December 2025. In February 2026, the company reported record Q4 2025 and full-year revenue, with significant growth in automotive and non-Enterprise Data end markets, and raised the quarterly dividend by 28%. In March 2026, MPWR's Momentum Indicator suggested a potential upward shift. In April 2026, the stock saw continued momentum from bullish analyst actions and the market narrative favoring power-management suppliers for AI and data-center buildouts, reporting record quarterly revenue and providing strong Q2 2026 revenue guidance. In May 2026, the stock continued to trade higher, reaching new 52-week highs, with its market capitalization reaching approximately $78.64 billion.