DEAN ROBERT W II sold $42K of MPWR

Shares of Applied Materials, Lam Research, Monolithic Power Systems, Marvell Technology, and MACOM fell 6.4%, 7.7%, 7.1%, 6.9%, and 11.9% respectively, after CEOs of Anthropic, OpenAI, and SpaceX called for a slowdown in AI development, raising concerns about tech valuations and chipmaker earnings.

Monolithic Power Systems (MPWR) stock fell 7% Monday amid broader tech sector decline. The company announced a long-term partnership with GlobalFoundries (GFS) to expand power chip production. Analysts maintain a Buy consensus with an average price target of $1,814.25. MPWR is trading below key moving averages, indicating near-term weakness.

GlobalFoundries (GFS) and Monolithic Power Systems (MPWR) announced a long-term manufacturing partnership to produce power management solutions at GF's Singapore fab, starting in 2027. The collaboration aims to expand capacity for high-growth markets like automotive, AI, and data centers, combining MPS's technology with GF's manufacturing expertise.

Monolithic Power Systems (MPWR) signed a long-term deal with GlobalFoundries (GFS) to manufacture its chips at GFS's Singapore facility, addressing capacity concerns. MPWR's stock closed at $1,234.46, up 4.08%, amid a broader AI-infrastructure rally. The agreement aims to support MPWR's growing demand, particularly in AI and automotive sectors, with volume production expected in early 2027. Analysts have raised price targets, with a mid-case target of ~$2,495, suggesting a potential total return

Monolithic Power Systems reported Q2 revenue of $980.6M, up 47.6% YoY, driven by AI-related power-management components. Gross margin was 55.2%. The company benefits from increasing demand for sophisticated power delivery in AI accelerators. Hedge-fund ownership rose in Q2, with 69 funds holding shares. Short interest decreased 13.4% in August. Investors should monitor design wins, customer diversity, and margins for sustained growth.

Q2 earnings for 14 analog semiconductor stocks showed revenue beats of 1.8% and next-quarter guidance 4.9% above estimates, but shares fell 5.8% on average. onsemi (ON) reported $1.60B revenue (up 9.2% YoY), beating estimates by 0.9%, with shares down 10%. Monolithic Power (MPWR) saw 47.6% YoY revenue growth, the highest among peers, but shares fell 6.5%.