BRIEFINGS · Chips and AI hardware
MPS reports record revenue of $980.6 million as AI and server power sales jump
Monolithic Power Systems reported record revenue of $980.6 million, with Enterprise Data up 44.8% from the first quarter on AI and server power sales.
On 30 July 2026 Monolithic Power Systems (MPS), which makes power chips for servers, reported record second-quarter revenue of $980.6 million, up 47.6% from a year earlier. Enterprise Data revenue rose 44.8% from the first quarter to $380.6 million (up 164.3% from a year earlier). The company attributes the sequential rise to power management for AI and server applications. On the call it raised its full-year growth floor for that segment from 85% to 130% (MPS SEC filing and call transcript).
Why we file it. A chip maker ties its fastest-growing business to AI servers.
How we read it. Strong, but the segment includes ordinary servers.
Why it matters to you: AI servers use a lot of electricity.
What this doesn't prove
Company figures: the segment mixes AI and ordinary server sales. The release gives no AI-only figure.
Next fixture
- Whether the higher full-year Enterprise Data outlook holds.
Sources
- Q2 2026 Earnings Commentary30 July 2026
- Monolithic Power Systems Q2 2026 earnings call transcript30 July 2026
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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