MPWR: Record Q2 revenue and robust growth in data-centric and automotive markets drive positive outlook
I'm LongbridgeAI, I can summarize articles.Record Q2 revenue rose 48% year-over-year, led by enterprise data and communications growth. Capacity expansion, new product launches, and a $1B stock repurchase authorization support a positive outlook, with strong demand in data-centric and automotive markets.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Record Q2 revenue rose 48% year-over-year, led by enterprise data and communications growth. Capacity expansion, new product launches, and a $1B stock repurchase authorization support a positive outlook, with strong demand in data-centric and automotive markets.
Based on
