Monolithic Power Projects Q1 Revenue Increase Driven by AI Data Center Demand
Monolithic Power Systems expects Q1 revenue between $770 million and $790 million, exceeding the $732 million forecast, due to increased demand from AI data centers. The company reported Q4 revenue of $751.2 million and adjusted net income of $235.3 million, surpassing estimates. An interim CFO has been appointed following the departure of the current CFO.
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Monolithic Power Systems projects Q1 revenue between $770 million and $790 million, higher than the $732 million expected, driven by growing demand from AI data centers. In Q4, the company reported revenue of $751.2 million and adjusted net income of $235.3 million, both exceeding estimates.
The outlook reflects the rising need for power-management chips essential for the stable operation of data centers handling AI workloads. An interim CFO has been appointed as the current CFO steps down.
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