MPS Raises 2026 Revenue Guidance to 85% YoY Growth, Lifts Capacity Target to $60B on May 6

GateNews

According to Monolithic Power Systems CFO on an earnings call on May 6, the power chip maker raised its manufacturing capacity target from $4 billion to approximately $6 billion for 2026. The company also increased its full-year revenue guidance to approximately 85% year-over-year growth, driven by strong demand from optical modules and switch power supplies. Management cited sustained robust order momentum from the first quarter onward.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hyperliquid Trader Yixie10 Logs $1.446M Unrealized Gain on SNDK Long, $3.81M on AMD and MU

According to Foresight News, Hyperliquid trader yixie10 entered a long position of 1,760 SNDK shares at $665.45 per share (approximately $2.61 million) and has accumulated an unrealized gain of $1.446 million, becoming the highest-profit account on the platform for the SNDK equity token. The same tr

GateNews4m ago

Bitcoin spot ETF saw net inflows of $467 million, with positive inflows for 4 consecutive days

According to SoSoValue data, as of May 5, 2026, in Eastern Time, the total net inflow of Bitcoin spot ETFs reached $467 million, marking a positive capital inflow for the 4th consecutive day; the same day, the total net inflow of Ethereum spot ETFs reached $97.5728 million.

MarketWhisper18m ago

Korean Battery Makers Face US Pressure as EV Projects Stall

South Korean battery makers SK On, LG Energy Solution, and Samsung SDI are experiencing mounting pressure in the US market as major automakers cancel or delay electric vehicle projects, disrupting planned battery supply agreements, according to The Korea Times. US EV Project Cancellations Impact

CryptoFrontier54m ago

Robinhood SVP: Tokenization, 24-Hour Trading Boost U.S. Equity Demand

Robinhood's senior vice president Johan Kerbrart stated that overseas demand for U.S. equities is growing, driven by three key factors: tokenization, 24-hour trading, and regulatory shifts. According to Kerbrart, these developments are enabling broader investor access to U.S. markets beyond

CryptoFrontier1h ago

Lucid Group Suspends 2026 Production Forecast After Supplier Seat Issue Disrupts Gravity SUV

According to Reuters, Lucid Group suspended its 2026 production forecast on May 5 after a supplier issue disrupted deliveries of its Gravity SUV. The Newark, California-based electric vehicle maker reported first-quarter revenue of

GateNews1h ago

Rivian Expands R2 Variants as June Deliveries Approach

Rivian is developing multiple variants of its lower-cost R2 electric vehicle and expects to begin deliveries around June, according to Reuters. The US electric vehicle maker recently started volume production of the R2, which is central to its growth strategy. Rivian chief executive RJ Scaringe

CryptoFrontier1h ago
Comment
0/400
No comments