GPU board power (VRM)
Monolithic Power
A fabless designer of high-performance power-management chips (DC-DC, VRM). Specified for low-latency power on NVIDIA H100/Blackwell GPU boards, lifting datacenter to 41% of Q4 2025 revenue (from 28%). 2025 revenue $2.8B (+27%). Also supplies power ICs for RF, motor and battery uses.
MPWR Updated Jun 21, 2026
Annual return · 2026-06-18'21+35.5%'22-27.9%'23+79.9%'24-5.6%'25+54.5%YTD+73.2%
Monolithic Power2025 revenue $2.8B
▸ Money out파운드리·후공정 (비공개)○R&D·엔지니어 (비공개)○
Financials & Segments
- Total revenue · 2025 revenue $2.8B (+27%)
- Customer concentration · Datacenter 41% of Q4; specified on NVIDIA GPU boards.
- Segments · Datacenter power (VRM) · Auto/industrial/comms power ICs
Revenue from
- NVIDIA High confidence
Specified for power (VRM/DC-DC) on NVIDIA GPU boards.Confirms KO DeepSearch Published Jan 1, 2026: "MPWR power ICs specified on NVIDIA H100/Blackwell boards; datacenter 41% of revenue."Confirms EN SEC EDGAR Published Oct 30, 2025: "MPWR power ICs specified on NVIDIA H100/Blackwell boards; datacenter 41% of revenue." - 서버·클라우드 (전력 IC) Medium confidence· Revenue ~$2.8B · 2025 · 2025 revenue
Supplies power-management ICs for cloud servers.
Pays to
- 파운드리·후공정 (비공개) Low confidence
Fabless: outsourced fab and assembly. - R&D·엔지니어 (비공개) Low confidence
Power-IC R&D staff.
Value-chain ripple (tiers 2–3)
Following node-to-node links up to 3 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Apple | lead3 | +34.6 | -26.4 | +49 | +30.7 | +9.1 | +9.8 |
| CoreWeave | lead2 | · | · | · | · | · | +64.7 |
| Foxconn (Hon Hai) | lead2 | -5.1 | +2.8 | +7.8 | +80.1 | +26.9 | +21.8 |
| Alphabet (Google) | lead2 | +65.3 | -39.1 | +58.3 | +35.8 | +66.1 | +17.8 |
| Amazon | lead2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +5.9 |
| Super Micro | lead2 | +38.8 | +86.8 | +246.2 | +7.2 | -4 | +4.7 |
| Meta Platforms | lead2 | +23.1 | -64.2 | +194.1 | +65.9 | +13.1 | -12.3 |
| Microsoft | lead2 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | -21.2 |
| NVIDIA | lead1 | +125.5 | -50.3 | +239 | +171.3 | +38.9 | +13.1 |
| Monolithic Power | node | +35.5 | -27.9 | +79.9 | -5.6 | +54.5 | +73.2 |
YTD as of 2026-06-18 · source: Yahoo Finance