Deutsche Bank Remains Bullish on Nvidia Supplier's Stock Despite 30% Drop

Reported about 11 hours ago

Monolithic Power Systems' stock has fallen over 30% following its fourth-quarter outlook and concerns about declining sales to Nvidia. However, Deutsche Bank analysts maintain a 'buy' rating and see the stock as a buying opportunity, citing strong potential in the expanding AI market and projected revenue growth over the next two years.

Source: YAHOO

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