Here’s What Fueled Monolithic Power Systems’ (MPWR) 21% Surge

Here’s What Fueled Monolithic Power Systems’ (MPWR) 21% Surge Soumya Eswaran Wed, July 1, 2026 at 7:58 PM GMT+7 3 min read MSTR MPWR CL=F Times Square Capital Management, an equity investment management company, released its "U.S. Mid Cap Growth Strategy" first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside temporary global tariffs. High oil prices and supply chain disruptions followed U.S. and Israeli involvement in Iran, prompting a shift to safer assets and a reevaluation of supply chains and energy dependencies. Central banks maintained steady policies despite energy-driven inflation. In this environment, the Strategy remains focused on disciplined management teams with durable competitive advantages. Please review the Strategy's top five holdings to gain insights into their key selections for 2026.

In its first-quarter 2026 investor letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted Monolithic Power Systems, Inc. (NASDAQ:MPWR). Monolithic Power Systems, Inc. (NASDAQ:MPWR) is a leading American semiconductor company that provides power electronics solutions. On June 30, 2026, Monolithic Power Systems, Inc. (NASDAQ:MPWR) stock closed at $1,382.36 per share. One-month return of Monolithic Power Systems, Inc. (NASDAQ:MPWR) was -18.20%, and its shares gained 80.84% over the past 52 weeks. Monolithic Power Systems, Inc. (NASDAQ:MPWR) has a market capitalization of $67.92 billion.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding Monolithic Power Systems, Inc. (NASDAQ:MPWR) in its Q1 2026 investor letter: