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Today, Citigroup initiated coverage on Monolithic with a buy rating, giving the stock a $700 price target. That's 17.6% higher than Monolithic's $595 share price at the end of close yesterday.
Monolithic Power (MPWR) closed at $446.92 in the latest trading session, marking a -0.06% move from the prior day. Monolithic Power (MPWR) Stock Sinks As Market Gains: What You Should Know Skip to ...
Shares of chipmaker Monolithic Power Systems (NASDAQ: MPWR) rallied on Friday despite a down day for the markets, up 7.3% as of 1:30 p.m. ET. Monolithic held its fourth-quarter earnings call last ...
Monolithic Power Systems, Inc. was founded in 1997 by Michael Hsing, who is the current CEO. Prior to the founding of the corporation, Hsing worked as a Senior Silicon Technology Developer at several analog integrated circuit companies. The company then diversified into DC/DC products. In November 2004, Hsing took the company public with an IPO.
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MoSys, Inc., originally Monolithic System Technology (MoST), was a fabless semiconductor design company founded in 1991. The company primarily designed memory chips and were especially known for their Multibank DRAM and 1T-SRAM technologies—the latter used on Nintendo 's Wii and GameCube video game consoles.
PMI pioneered the design and manufacture of the first 10-bit semiconductor IC DACs on the market. In March 1970, during the IEEE Annual Convention in New York, PMI caused a major stir in engineering circles by introducing the aimDac100, the first 10-bit 2-chip DAC in a DIP semiconductor package.
A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...