Monolithic Power Systems
Founded Year
1997
CEO
Michael Hsing
USA
Headquarters
Employees
4,017
Market Cap ($M)
$72.1B
Revenue ($M)
$2.8B
Category
Power

Monolithic Power Systems (MPS) designs high-performance power management integrated circuits used in computing, storage, automotive, and industrial applications. Its products—voltage regulators, battery management ICs, motor drivers—manage how power is converted and delivered within electronic systems. MPS sells into a broad range of end markets, but its exposure to AI computing has become a primary growth driver.

AI GPU servers place unusually demanding requirements on power delivery hardware. A modern AI GPU consumes over 1,000 watts, and a full NVL72 server with 72 such GPUs requires power delivery capable of managing tens of kilowatts with high efficiency and stability. The voltage regulators and power modules inside these servers must operate at high switching frequencies and deliver current at the precise levels required by the GPU without introducing noise or instability. MPS's expertise in high-efficiency, high-current power management has made it a relevant supplier for this application.

MPS was selected as the power management supplier for Nvidia's Blackwell GB200 reference platform—the standard configuration used by hyperscalers and OEMs building AI servers. This places MPS chips in what is currently the most widely deployed AI server architecture globally. MPS has also been developing power management products for next-generation AI architectures requiring even higher current delivery.