“AI Boom” Pushes Monolithic Power (MPWR) Stock to Record High – Is the Rally Just Beginning?
Stock Rally on Oct. 23, 2025 On Thursday the market really took notice. MPWR stock climbed sharply after midday – driven by a published analyst upgrade – and hit $1,045.01, a fresh 52-week high markets.chroniclejournal.com. (Earlier that day it had closed around $1,001 markets.chroniclejournal.com.) In fact, MarketBeat reports MPWR traded “as high as $1,045.01” on Oct. 23 marketbeat.com. By comparison, the stock opened the year near $620, so the YTD run is roughly +70%. The spike coincided with KeyBanc/KeyCorp raising its price target (details below). Volume that day was heavy, reflecting a rush of buyers. By late afternoon MPWR was trading around