TXN - 1 Top Data Center Power-Chip Stock You Need to Know About Right Now
2024-07-04 05:20:00 ET
Share prices of power chip designer Monolithic Power Systems (NASDAQ: MPWR) are up by well over 30% so far in 2024. Given that semiconductor stocks are all the rage these days, that doesn't sound all that impressive.
But consider: Monolithic is clobbering the returns of its closest competitors -- Texas Instruments (NASDAQ: TXN) , Analog Devices (NASDAQ: ADI) , and ON Semiconductor (NASDAQ: ON) , to name a few -- by a very wide margin. The outperformance is even more stark when zooming out and viewing Monolithic's rise over the last decade.
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1 Top Data Center Power-Chip Stock You Need to Know About Right Now