Monolithic Power Systems, Inc.

Monolithic Power Systems, Inc. (NASDAQ: MPWR) is a fabless global semiconductor company founded in 1997 and headquartered in Kirkland, Washington, that designs, develops, and markets high-performance, semiconductor-based power electronics solutions. The company's core product portfolio includes DC/DC converters, AC/DC solutions, power management integrated circuits (ICs), LED drivers, power modules, motor drivers, and battery-management products, serving end markets spanning enterprise data, storage and computing, automotive, communications, consumer electronics, and industrial applications. Leveraging its proprietary BCD (Bipolar-CMOS-DMOS) process technology, MPS integrates multiple analog and digital functions onto a single chip, enabling highly energy-efficient, compact, and cost-effective solutions that are increasingly critical in high-growth areas such as AI server infrastructure, cloud computing, and automotive ADAS. The company distributes its products globally through third-party distributors, value-added resellers, OEMs, and ODMs across key regions including China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and the United States, generating record quarterly revenue of $804.2 million driven largely by surging demand in AI and enterprise data center markets.