5 High Growth Semiconductor Stocks that are Profitable

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

Q/Q Sales Growth: 53.10%

Number of Hedge Fund Holders in Q3 2022: 43

Monolithic Power Systems, Inc. (NASDAQ:MPWR) is a power management chip products provider. The firm is based in Kirkland, Washington.

Monolithic Power Systems, Inc. (NASDAQ:MPWR) posted $242 million in net income during its calendar and fiscal year 2021, and the firm grew this by a whopping 80% last year as it posted $438 million in profits. 43 of the 920 hedge funds polled by Insider Monkey during last year’s third quarter had invested in the firm.

Monolithic Power Systems, Inc. (NASDAQ:MPWR)’s largest investor is Brandon Haley’s Holocene Advisors which owns 478,107 shares that are worth $169 million.

Follow Monolithic Power Systems Inc (NASDAQ:MPWR)

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