🔴 Monolithic Power Systems is trading 10.29% down today as AI infrastructure spending worries hit chip stocks

Monolithic Power Systems is trading at $1,131.29, down 10.29%, as semiconductor-sector concerns weigh on shares.

• No specific Monolithic Power Systems announcement or company-specific catalyst surfaced in the search.
• Reuters reported chip and data-center stocks sold off sharply on November 5 as investors reassessed AI infrastructure spending and worried about potential obstacles to data-center construction after the midterm elections.
• Weak Qualcomm results and broader market selling added pressure to semiconductor shares.