New York, Jan 25, 2026, 17:19 EST — The market has closed.
- Shares of Monolithic Power Systems slipped 1.2% on Friday, snapping an eight-day rally.
- Chip stocks pulled back as the iShares Semiconductor ETF slipped roughly 1.1% in the latest session.
- Monolithic Power’s Feb. 5 earnings report and management Q&A webinar stand out as the next key catalyst.
Monolithic Power Systems (NASDAQ:MPWR) shares slipped 1.2% to close at $1,063.74 on Friday, snapping an eight-day winning streak. The stock finished roughly 5% shy of its 52-week peak. Texas Instruments, Analog Devices, and NXP Semiconductors also saw declines in the session. 1
That’s crucial now as MPWR’s rally has brought it close to its high, cutting down the margin for a weak report in the upcoming update. A break in the streak might mean nothing—or it could signal the market trimming crowded positions ahead of a catalyst.
U.S. markets are closed Sunday, leaving Monday’s open as the next key moment to watch. Will buyers return, or was Friday the kickoff for profit-taking ahead of earnings season?
Sentiment around semiconductors took a hit late last week. The iShares Semiconductor ETF (SOXX) dropped roughly 1.1% in the final session, showing that even top performers often move together when risk appetite fades.
Monolithic Power announced it will release its fourth-quarter and full-year 2025 earnings after the market closes on Thursday, Feb. 5. Along with the results, the company plans to issue written commentary. A Q&A webinar is scheduled for 2 p.m. PT (5 p.m. ET), the company said in a press release. 2
Monolithic Power, a “fabless” chipmaker that designs chips but contracts out manufacturing, specializes in power electronics and power-management components. These parts handle the crucial task of regulating electricity across devices—from servers to cars. While not as high-profile as GPUs, the company plays a key role as customers cram more computing power into racks.
In its latest quarterly update, CEO Michael Hsing described the company’s evolution as moving up the stack, stating it is “transforming from a chip-only, semiconductor supplier to a full service, silicon-based solutions provider.” 3
The company has connected its demand to data-center expansions driven by artificial intelligence. In an October update, Monolithic highlighted the AI surge and confirmed Nvidia as one of its clients. 4
Investors will zero in on the Feb. 5 report for the concrete figures — and the overall tone. Traders want to hear the revenue forecast, the trajectory of gross margins, and if management expects any slowdown in data-center or enterprise demand following the stock’s recent rally.
The setup works both ways. If guidance falls short or if commentary suggests weaker orders, the market can swiftly punish chip stocks with lofty expectations, especially following a rally that attracted momentum-driven investors.
MPWR heads into the new week trading close to record highs, with one key date marked on investors’ calendars: Feb. 5, after the market closes, when Monolithic Power will release earnings and discuss its outlook.
