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Monolithic Power Systems’ 1,500 Automotive Socket Wins — Could Cars Become The Next Big Engine?

Monolithic Power Systems, Inc. delivered a record second-quarter performance, reporting revenue of $981 million, marking a 22% increase from the prior quarter and a 48% gain year-over-year. This growth was attributed to broad-based strength across all end markets, notably enterprise data and communications, where revenues rose 45% and 80% sequentially, respectively. The company highlighted its continued focus on innovation, diversified market strategy, and expansion from chip-only offerings toward silicon-based full solutions as key drivers. Notable operational developments include extending capacity projections beyond $6 billion to support future growth, sampling of high-voltage AC-to-DC products aimed at 800-volt data center architectures, and initial orders for high-speed DDR5 memory components, which management anticipates will expand its addressable market. In automotive, Monolithic Power Systems, Inc. has shipped products for over 1,500 new sockets this year, broadening its footprint beyond advanced driver-assistance systems (ADAS) to emerging vehicle applications.