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With a market cap of $56.9 billion, Monolithic Power Systems, Inc. (MPWR) is a global designer and supplier of semiconductor-based power electronics solutions serving markets such as data centers, automotive, industrial, communications, and consumer electronics across the U.S., Asia, and Europe. It specializes in DC-to-DC and AC-to-DC power management ICs sold through a broad network of distributors, OEMs, and design manufacturers worldwide.
Shares of the Kirkland, Washington-based company have surpassed the broader market over the past 52 weeks. MPWR stock has surged 69% over this time frame, while the broader S&P 500 Index ($SPX) has risen 11.8%. Moreover, shares of the company have increased 29.1% on a YTD basis, compared to SPX's marginal gain.