Evaluate the expected performance of Monolithic (MPWR) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Monolithic Power's (MPWR) Q2 results are likely to report a top-line expansion year over year, driven by healthy demand in the Enterprise Data segment. Effort to diversify supply chain is a tailwind.

24/7 Wall Street Insights If you're an AI investor you need to grab a copy of 24/7 Wall Street's brand-new AI report, “The Next NVIDIA.

KIRKLAND, Wash., July 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the second quarter ended June 30, 2024.

Semiconductor companies have been powerful performers. There are lots of chip specialists besides Nvidia to learn about.

We remain buy-rated on Monolithic Power Systems, Inc. in 2H24 and 2025. Our positive thesis of AI-related tailwinds offsetting lackluster demand from other business lines remains in play into 2025. We're not too bothered by the higher multiple, as we believe MPWR is uniquely positioned to match growth expectations that the market is pricing in.

The maker of graphics processing units for artificial intelligence will benefit from both higher sales volume and higher prices when its next chips become available, KeyBanc says.

Monolithic Power has been a long-time market-beating investment. Its business model has helped it excel, and the rise in data centers' power needs has been a quick add-on to Monolithic's leading power chip portfolio.

Stock split mania has hit the market. Chipotle (NYSE: CMG) just completed its 50:1 stock splits and AI leaders NVIDIA (Nasdaq: NVDA) and Broadcom (Nasdaq: AVGO) followed with their own split announcements that saw a positive reaction from investors.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

KIRKLAND, Wash., June 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on June 28, 2024. The dividend will be paid on July 15, 2024.

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio gained 1.28% in May, trailing the S&P 500 by 3.68%. Since its inception, the portfolio has generated 0.11% of alpha over the S&P 500 and 16.15% of alpha over SCHD on an annualized basis.