Monolithic Power Systems, Inc. (MPS) is a fabless semiconductor company founded in 1997 and headquartered in Kirkland, Washington, USA. The company specializes in high-performance, integrated power management solutions. Its core business focuses on analog power ICs, including DC-DC converters, LED drivers, motor drivers, battery management ICs, and AC-DC converters. MPS offers a broad product portfolio under series such as the MPM power modules, MP general-purpose converters, and MPQ automotive-grade chips. The company is recognized for delivering high-efficiency, compact, and integrated power solutions to the computing, automotive, industrial, communications, and consumer electronics markets. MPS is a key supplier in data center power management, enabling efficient power delivery for servers and storage systems. In the global market, MPS competes with major analog semiconductor companies like Texas Instruments and Analog Devices, holding a strong position in power management ICs. The company’s proprietary monolithic process technology allows for high integration and miniaturization. MPS is publicly traded on the Nasdaq under the ticker MPWR and is included in the S&P 500 index. With design centers and sales offices worldwide, MPS serves leading OEMs in notebooks, electric vehicles, IoT devices, and other applications.