🟢 Monolithic Power Systems Inc is trading 5.3% up today as semiconductor stocks rebound from last week's selloff

Monolithic Power Systems Inc is trading at $1,558.89 (+5.26%) as semiconductor stocks rebound following a sharp selloff last week.

• The move aligns with a broader risk-on session, which has seen the NASDAQ Composite rise 0.91%.
• Chip names are recovering after sentiment was pressured last week by Broadcom’s cautious outlook on the sector.
• No new company-specific catalysts have been identified for the current price action.