Monolithic Power Systems, headquartered in Kirkland, Washington, designs power semiconductor solutions for various markets and employs 3,564 people. The company went public on November 19, 2004.
MPWR has been in the news recently: Glancy Prongay & Murray LLP has initiated a class action lawsuit on behalf of Monolithic Power Systems Inc. investors who experienced losses from February 8 to November 8, 2024, following significant stock declines. The lawsuit, which has an April 7, 2025 deadline, addresses a 17.5% and 14.97% drop in the company's stock attributed to performance issues.
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