Monolithic Power Systems, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; April 7, 2025 Deadline to file Lead Plaintiff Motion

Core Viewpoint - A class action lawsuit has been initiated against Monolithic Power Systems, alleging misleading statements and undisclosed performance issues with its products, particularly affecting its relationship with Nvidia [3]. Group 1: Class Action Lawsuit - The class action represents investors who purchased Monolithic Power Systems securities between February 8, 2024, and November 8, 2024 [1]. - Investors have until April 7, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that the company failed to disclose significant performance and quality control issues with its voltage regulator modules and power management integrated circuits [3]. Group 2: Financial Performance - On October 30, 2024, Monolithic Power Systems reported a revenue decline in its Enterprise Data segment to $184 million, missing analysts' estimates of$211 million by nearly 13% [4]. - Following this financial report, the company's stock price dropped more than 17% [4]. Group 3: Relationship with Nvidia - A report from Edgewater Research on November 11, 2024, indicated that Nvidia canceled half of its outstanding orders with Monolithic Power Systems due to performance issues [5]. - Nvidia's engineers reportedly lost confidence in Monolithic Power Systems' components, leading to a shift towards competitors [5]. - Following the news of order cancellations, Monolithic Power Systems' stock price fell nearly 15% [5].