Company Overview - Monolithic Power Systems, Inc. (MPWR) is a fabless semiconductor company with a market cap of $39.9 billion, specializing in power management solutions such as DC-to-DC converters, AC-to-DC power supplies, LED drivers, and battery management ICs [1] - The company serves various markets including cloud computing, telecom infrastructure, industrial systems, automotive, and consumer electronics [1] Market Position - MPWR is categorized as a large-cap stock, reflecting its substantial size and influence in the semiconductor industry [2] - The company is recognized for its innovative, energy-efficient designs that integrate multiple power components into a single chip, enhancing performance and reducing system size [2] Financial Performance - MPWR has shown significant revenue and earnings growth in recent years, driven by increasing demand in AI, data infrastructure, and high-performance computing applications [2] - On July 31, shares of MPWR surged 10.5% following the release of its Q2 2025 results, with an adjusted EPS of $4.21 and revenue of $664.6 million, exceeding Wall Street's expectations [5] - Management projects Q3 revenue between $710 million and $730 million, indicating continued growth into the second half of the year [5] Stock Performance - Despite a 12.6% decline from its 52-week high of $954, MPWR stock has increased 16.1% over the past three months, outperforming the S&P 500 Index, which returned 8.9% during the same period [3] - Year-to-date, MPWR shares have risen 41%, significantly outpacing the S&P 500's 12% gain in 2025 [4] - Over the past 52 weeks, however, the stock has declined 6.9%, lagging behind the index's 17.7% advance [4] Technical Indicators - Technical indicators suggest an uptrend, with MPWR trading above its 50-day moving average since late April and above its 200-day moving average since early June [4]