TXN - Monolithic Power: EVs A Prime Catalyst As Company Boosts Q3 Guidance By 25%
Monolithic Power Systems (MPWR) is a relatively small, fabless semiconductor company that focuses on several business lines - among them are automotive, power, and battery management systems. The company's expertise in power management is a strategic advantage when it comes to achieving design wins in electric vehicles ("EV"), autonomous driving, driver assist, and battery management systems. In other words, the company is ideally positioned for the burgeoning EV market and the higher electronic component content on a per-vehicle basis. In addition, a recent and substantial increase (~25%) in Q3 revenue guidance is an obvious and