15 AI News Stories Shaking Up Wall Street

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9. Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Market Capitalization: $27.97 billion

Monolithic Power Systems, Inc. (NASDAQ:MPWR) is a global semiconductor company engaged in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The chip stock is a top Goldman Sachs AI stock.

On November 11, Oppenheimer reiterated an “Outperform” rating on Monolithic Power Systems, Inc. (NASDAQ:MPWR) and a $900 price target. The firm notes that there have been unsubstantiated reports in the market regarding Monolithic losing 100% of its shares in Nvidia’s upcoming Blackwell GPU architecture due to a potential design flaw. However, the firm states that it does not believe “any design or performance issues exist with MPS’s AI accelerator power solutions”. The firm further notes that in this case, it expects Monolithic to retain dominant AI accelerator power share as well as increase content across leading AI platforms in 2025.

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