Monolithic Power Systems: AI To Drive Resilience In Spite Of Choppy Market Backdrop - Initiating With A BUY

Editor's note: Seeking Alpha is proud to welcome The Techie as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » gremlin Investment Thesis Monolithic Power Systems (NASDAQ:MPWR) reported its fourth quarter of 2023 results and outlook this month. While revenue dropped 4% Y/Y this quarter due to the industry weakness and inventory correction cycle, MPS stock ...