Monolithic Power Systems, Inc. MPWR

Monolithic Power Systems Inc (MPWR) was founded in 1997 when the entrepreneur, Michael Hsing, had a vision of creating a complete power system in one single unit. The firm’s unique monolithic power supply was the result. Today it is still widely used in industrial settings, telecommunications infrastructure, cloud computing and much more besides. Operating from its Washington HQ, the firm has factories in California and Taiwan and supplies its products directly to electronics manufacturers in the US, Asia and beyond.

The company is listed on the NASDAQ under the ticker MPWR. The share price reached an all-time high of $282.54 on the 6th of August 2020. That was partly because it had developed an open-source ventilator system to help combat COVID-19 worldwide. The MWPR stock opened for trading on the 1st of January 2020 at 180.01, and a leap in value came when the organisation announced its earnings for the second quarter. The company had witnessed increased revenues of $186.2m — up 12.3% when compared to the same period in 2019.

MWPR has introduced some green technologies within its monolithic power solutions. They will help to futureproof the company against any regulatory changes that may be implemented in the coming years.

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