MONOLITHIC POWER SYSTEMS ALERT: Bragar Eagel & Squire, P.C. is Investigating Monolithic Power Systems, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Monolithic Power Systems, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the board of directors [1] Company Overview - Monolithic Power Systems is a provider of power management components used in electronic systems, with Nvidia Corporation as its largest customer [2] Class Action Lawsuit Details - The class action lawsuit claims that Monolithic Power Systems made false or misleading statements regarding the performance and quality control of its voltage regulator modules and power management integrated circuits [3] - Allegations include that these issues negatively impacted Nvidia's products, that Monolithic Power Systems failed to address known performance issues, and that its relationship with Nvidia was irreparably damaged [3] - The lawsuit asserts that Monolithic Power Systems was exposed to significant undisclosed risks affecting its business, financial standing, and reputation [3] Financial Performance - On October 30, 2024, Monolithic Power Systems reported a decline in quarterly revenue for its Enterprise Data segment, falling to $184 million from$187 million, missing estimates by nearly 13% [4] - Following this announcement, the stock price dropped over 17% [4] Customer Relationship Issues - A report from Edgewater Research on November 11, 2024, indicated that Nvidia canceled half of its orders with Monolithic Power Systems due to performance issues, leading Nvidia to seek alternative suppliers [5] - This news resulted in a nearly 15% decline in Monolithic Power Systems' stock price [5]