Monolithic Power Systems, Inc. (MPWR) News

Monolithic Power Systems (MPS) delivered another quarter of blistering growth in Q1 2026, posting a record $804 million in revenue, up 26% year-over-year. The results highlight the company's entrenched position at the heart of the AI and data center hardware boom. Armed with industry-leading power density solutions, MPS is aggressively expanding its manufacturing capacity target to $6 billion to meet surging demand. Underscoring this momentum, management raised its year-over-year growth floor for the enterprise data segment to a staggering 85%.

Monolithic Power Systems continues to capitalize on the AI and data center infrastructure build-out, delivering record fourth-quarter revenue that highlights the company's strong execution. With broad-based strength across enterprise data and automotive segments, management's upgraded forward outlook and a 28% dividend hike signal strong confidence in the company's long-term growth trajectory.