Here’s What Fueled Monolithic Power Systems’ (MPWR) 21% Surge

4 hours ago 1

Soumya Eswaran

Wed, July 1, 2026 astatine 7:58 AM CDT 3 min read

TimesSquare Capital Management, an equity concern absorption company, released its "U.S. Mid Cap Growth Strategy" first-quarter 2026 capitalist letter. A transcript of the missive tin be downloaded here. The Strategy fell 7.72% (net) successful the 4th compared to -6.35% for the Russell Midcap Growth Index. In the archetypal quarter, markets navigated geopolitical tensions and economical resilience alongside impermanent planetary tariffs. High lipid prices and proviso concatenation disruptions followed U.S. and Israeli engagement successful Iran, prompting a displacement to safer assets and a reevaluation of proviso chains and vigor dependencies. Central banks maintained dependable policies contempt energy-driven inflation. In this environment, the Strategy remains focused connected disciplined absorption teams with durable competitory advantages. Please reappraisal the Strategy's apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted Monolithic Power Systems, Inc. (NASDAQ:MPWR). Monolithic Power Systems, Inc. (NASDAQ:MPWR) is simply a starring American semiconductor institution that provides powerfulness electronics solutions. On June 30, 2026, Monolithic Power Systems, Inc. (NASDAQ:MPWR) banal closed astatine $1,382.36 per share. One-month instrumentality of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was -18.20%, and its shares gained 80.84% implicit the past 52 weeks. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has a marketplace capitalization of $67.92 billion.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the pursuing regarding Monolithic Power Systems, Inc. (NASDAQ:MPWR) successful its Q1 2026 capitalist letter:

"Among the wide assortment of Information Technology companies, we similar captious systems providers, specialized constituent designers, systems that amended lawsuit productivity oregon efficiency, and others that are increasing their stock of firm IT budgets. Monolithic Power Systems, Inc. (NASDAQ:MPWR) provides semiconductor-based powerfulness electronics solutions to nonstop existent arsenic good arsenic person and power voltages for physics systems. The institution is benefiting from the broader enthusiasm for AI picks and shovels arsenic investors presumption themselves for continued maturation successful information halfway spending. They reported a humble fourth-quarter bushed and gave coagulated first-quarter guidance. The large astonishment from the net telephone was that absorption raised full-year endeavor information conception growth, which boosted the banal by 21%."

Is Monolithic Power Systems, Inc. (MPWR) the Cheap Semiconductor Stock to Buy Now?

Monolithic Power Systems, Inc. (NASDAQ:MPWR) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 49 hedge money portfolios held Monolithic Power Systems, Inc. (NASDAQ:MPWR) astatine the extremity of the archetypal quarter, compared to 50 successful the erstwhile quarter. While we admit the imaginable of Monolithic Power Systems, Inc. (NASDAQ:MPWR) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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