Monolithic Power Systems is trading 10.2% up at $1450.00 following a major Q2 earnings beat and robust Q3 revenue guidance tied to surging AI infrastructure demand.
- The company reported accelerated revenue growth led by triple-digit gains in its Enterprise Data segment, highlighting a successful shift toward high-value AI power solutions.
- Management issued Q3 guidance significantly above Wall Street estimates, with the stock further supported by a broader rebound across the semiconductor sector.