Monolithic Power shares surge 9.1% on raised Q3 guidance

WY +3.23%

1. 1Monolithic Power Systems (MPWR) shares jumped about 9.1% in Friday's regular session after the company raised its Q3 revenue guidance.
2. 2Q3 revenue is guided at $1.14–$1.16 billion, while Q2 revenue came in at $980.6 million, up 47.6% year over year.
3. 3Enterprise data revenue climbed 164.3% year over year, driven by strong demand for power management in AI and servers, signaling continued demand expansion.

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