Monolithic Power Systems is trading 4.05% up now at $1234.14 after investors responded positively to a long-term GlobalFoundries manufacturing agreement announced September 9, supporting expanded production for AI, automotive, industrial, and data-center markets.
- Stifel reiterated its Buy rating on September 10, citing capacity growth and strong recent results.
- The company declared a $2.00 quarterly dividend, adding modest shareholder-return support.