Monolithic Power stock gains on new GlobalFoundries manufacturing deal

Published on 09/09/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Monolithic Power stock is trading above USD 1,200 as of September 8, 2026, after announcing a long-term manufacturing agreement with GlobalFoundries for its Singapore fab. The deal supports future volume from early 2027 while the company builds on strong recent revenue growth.

Techniker im Reinraum prüfen Siliziumwafer in einer Halbleiterfabrik — Monolithic Power Systems (ISIN US6098391054) fertigt Halbleiter in einem hochmodernen Reinraum mit Wafer-Technikern, Illustration mit AI erstellt.

Monolithic Power Systems stock (ISIN US6098391054) is trading at USD 1,218.50 on Nasdaq as of September 8, 2026, only modestly below its recent highs and reflecting solid investor confidence in the company’s growth trajectory.

New manufacturing deal with GlobalFoundries

As Investing.com reported on September 9, 2026, GlobalFoundries and Monolithic Power Systems announced a long-term manufacturing agreement to deploy MPS process technology at GlobalFoundries’ 300mm facility in Singapore, with volume production expected in early 2027.

According to Zonebourse on September 9, 2026, the stock closed at USD 1,218.50 on Nasdaq on September 8, 2026, down 0.44% on the day but up 34.44% since the start of 2026, underlining how strongly the shares have performed year to date.

Recent price performance and valuation context

The latest data from Zonebourse show Monolithic Power Systems stock at USD 1,218.50 on Nasdaq as of September 8, 2026, implying a strong year-to-date gain of 34.44%.

In the same overview, the average analyst price target is given as USD 1,839.80, indicating that the consensus still sees around 50.99% upside from the latest closing price of USD 1,218.50 if the company delivers on its growth plans and the new manufacturing agreement translates into higher volumes over time.

Fundamental backdrop and growth expectations

While the manufacturing deal itself focuses on future production capacity in Singapore from early 2027, it builds on the company’s recent record of revenue growth and profitability, which has helped drive the stock’s 34.44% year-to-date performance as of September 8, 2026.

Analysts’ average price target of USD 1,839.80, compared with the latest closing price of USD 1,218.50, suggests that many expect Monolithic Power Systems to maintain double-digit revenue growth and healthy margins as additional capacity at GlobalFoundries comes onstream.

Stock level and investor takeaway

As of the Nasdaq close on September 8, 2026, Monolithic Power Systems stock stood at USD 1,218.50, with the shares supported by a 34.44% year-to-date gain and a consensus target of USD 1,839.80 that implies roughly a 51% potential upside if current analyst expectations are met.