35 Chip Stocks In Focus Amid Tech Selloff

Page 13 of 35

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

Number of Hedge Fund Holders: 38

Monolithic Power Systems, Inc. (NASDAQ:MPWR) engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. In the earnings of the third quarter of 2024, the company reported revenue of $620.1 million, a 22.2% increase from $507.4 million for the quarter and a 30.6% increase from $474.9 million for the quarter of the prior year. The company’s adoption of Jama Connect also warrants a mention. It is a platform designed to manage complex requirements and enhance collaboration across globally distributed teams. This adoption improves efficiency and scalability in developing high-quality power solutions.

Page 13 of 35