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Monolithic Power Systems Is Not Just an AI Chip Story — Robotics and Automotive Are Emerging!

Monolithic Power Systems, Inc. reported a significant increase in its third quarter 2026 results, highlighted by surpassing $1 billion in quarterly revenue for the first time, reaching $1.2 billion—a 22% increase from the prior quarter and 63% year-over-year growth. The company’s capacity now supports over $6 billion in annual revenue, with plans to expand capacity to $8 billion by mid-2027 and ultimately $10 billion as its business scales. Growth was driven predominantly by strong demand in its enterprise data segment, which continues to benefit from increased customer diversification, AI-powered design tools enabling new wins—including desktop AI applications—and the ramp of high-speed memory products. In addition to enterprise data, Monolithic Power Systems saw notable contributions from automotive, where initial orders for 48-volt power solutions and zonal architectures were received, and robotics, which is early in its product ramp across multiple regions.