KeyBanc analyst John Vinh raised the firm’s price target on Monolithic Power (MPWR) to $850 from $830 and keeps an Overweight rating on the shares following quarterly supply chain findings. The firm sees positive implications are positive as RMA’s for Nvidia (NVDA) H100 servers have dropped significantly suggesting a resolution for the power stage failures have been achieved; and as a result, the amount of share we had previously expected Monolithic to lose is less than what it had initially anticipated across both H100 and B100/B200.
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