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Monolithic Power Systems | 8-K: Current report

SEC ·  Nov 12, 2024 22:35

Summary by Futu AI

On November 11, 2024, Monolithic Power Systems confirmed in analyst calls that the company maintains its position in NVIDIA Corporation's bill of materials for next-generation systems, with no performance issues reported.The company also reaffirmed that its Q4-2024 guidance remains unchanged, demonstrating stability in its near-term business outlook. This announcement appears aimed at addressing market concerns and maintaining investor confidence in the company's relationship with NVIDIA.
On November 11, 2024, Monolithic Power Systems confirmed in analyst calls that the company maintains its position in NVIDIA Corporation's bill of materials for next-generation systems, with no performance issues reported.The company also reaffirmed that its Q4-2024 guidance remains unchanged, demonstrating stability in its near-term business outlook. This announcement appears aimed at addressing market concerns and maintaining investor confidence in the company's relationship with NVIDIA.
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