🟢 Monolithic Power Systems is trading 4.5% up today as chip stocks rebound from AI-driven selloff

Monolithic Power Systems is trading 4.5% up today at $1,370.33 as the semiconductor sector recovers from last week's AI-chip selloff.

• The move follows a broader recovery in chip names after JPMorgan and other Wall Street desks highlighted an oversold setup and upgraded the sector.
• The rally is driven by broad buy-the-dip interest across the semiconductor space rather than any company-specific catalysts for Monolithic Power Systems.