MPWR - What's Going On With Monolithic Power Systems Stock? | Benzinga
Monolithic Power Systems Inc (NASDAQ: MPWR) shares are trading lower by 2.9% to $508 Thursday afternoon. Semiconductor and chip stocks have dropped amid tech sector weakness, fueled by rate hike concerns post-U.S. jobs data. China's iPhone crackdown and Huawei's 5G Kirin 9000s chip-powered smartphone have added pressure to several sector stocks.
A ban on iPhones in Chinese government sectors could be seen ...