July 9, 2024 /SemiMedia/ -- According to the supply chain, some products of analog chip company Monolithic Power Systems have recently been in short supply due to a surge in demand.

According to public information, MPS' main products are DC/DC chips, which accounted for 94% of MPS' total revenue in 2023. MPS' main markets include computing and storage, enterprise data, automotive, industrial, communications and consumer.

Supply chain sources said that the demand for some general-purpose chips from MPS has been rising since October last year, and has gradually increased since April this year. After entering May, the demand has begun to explode, and the customer order volume has increased from a few thousand pieces to tens of thousands or even hundreds of thousands of pieces. These demands are mainly concentrated in the consumer, industrial, AI power and automotive fields, and the price has risen by up to 60%.

Supply chain sources said that MPS' chip demand has been relatively stable in the past, even during the supply chain crisis in the past two years. The models that are seeing an increase in demand this time are generally not expensive, but are highly versatile and in high demand.