Movement Alert|Monolithic Power Falls 3.04% in Pre-Market Trading, Semiconductor Sector Broad Weakness Weighs for Second Consecutive Day

Market Focus
Jul 23

On July 23, Monolithic Power declined 3.04% in pre-market trading, trading at 1355.5 USD/share, with turnover of 135.57万美元.

On the news front, broad weakness across the semiconductor sector served as the primary drag. Within the industry, NVIDIA fell 1.58%, Broadcom fell 1.62%, Advanced Micro Devices fell 1.56%, and Intel dropped 1.01%, with the sector under widespread pressure. This marks the second consecutive trading session in which the stock has been weighed down by sector-wide selling, having already declined over 3% the prior day due to similar industry linkage effects.

Monolithic Power is scheduled to report Q2 earnings on July 30. Consensus estimates project revenue of approximately $902 million, representing 38.62% year-over-year growth, with adjusted EPS expected at $5.87. Analysts maintain a mean target price of $1,795.45, implying roughly 30% upside from current levels. KeyBanc has highlighted the company's pricing advantages and early ramp prospects on the Vera Rubin platform.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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