On October 8, Monolithic Power fell 3.17% in regular trading, trading at $1380.73/share, with Turnover of $66.31 million.
The semiconductor sector where Monolithic Power belongs showed overall weakness. Among individual stocks, Micron Technology down 2.05%, NVIDIA down 1.44%, Advanced Micro Devices down 1.83%, Intel down 3.76%, Marvell Technology down 2.52%.
Prior news indicated the long-term manufacturing agreement with GlobalFoundries, aimed at expanding high-performance power solution capacity and strengthening supply chain resilience, failed to sustain market sentiment, with investors remaining cautious in the near term.
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