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MarketBeat

Leo Miller

Monolithic Power Systems Is Surging—Has Valuation Caught Up?

Monolithic Monolithic Power Systems MarketBeat MPWR Nasdaq Nvidia

Over the past three months, some of the biggest names in the semiconductor industry have stalled out. NVIDIA (NASDAQ: NVDA) is up just 1% over that time, Broadcom (NASDAQ: AVGO) is down 1%, and Advanced Micro Devices (NASDAQ: AMD) has fallen over 7%.

However, that’s not the case for the super-charged chip stock Monolithic Power Systems (NASDAQ: MPWR). The stock has delivered a 26% return over the past 3 months and a 69% return over the past 52 weeks.

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