Institutional filings on August 23, 2026, revealed significant new positions in Monolithic Power Systems.
Korea Investment CORP acquired 27,752 shares valued at approximately $38.4 million. Commerce Bank initiated a position of 10,928 shares for roughly $15.1 million. Westpac Banking Corp purchased 828 shares for about $1.1 million.
These investments follow record second-quarter 2026 revenue of $980.64 million. This figure represents a 47.6% year-over-year increase. The company also reported earnings per share of $6.50, beating market estimates.
Surging demand from the AI data center sector primarily drove this performance. A Simply Wall St. analysis on the same day highlighted the company’s 20-year growth trajectory and strong outlook.