🔴 Monolithic Power Systems is trading 5.85% down today as Lam Research’s outlook weighs on chipmakers

Monolithic Power Systems is trading at $1,208.90 (-5.85%) as semiconductor-sector pressure linked to Lam Research’s outlook and supply constraints weighs on chipmakers.

• Broader risk-off sentiment and concerns about AI spending also pressured technology shares.
• No clear Monolithic Power Systems-specific announcement explaining the drop surfaced; the company is scheduled to report third-quarter results on October 29.