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With a market cap of $35 billion, Kirkland, Washington-based Monolithic Power Systems, Inc. (MPWR) designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets.
Companies worth $10 billion or more are typically referred to as "large-cap stocks." MPWR fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the semiconductor industry. MPWR benefits from focusing on the market for high-performance analog and mixed-signal integrated circuits (ICs).