Pacific Crest analyst John Vinh recommends buying Monolithic Power (MPWR) stock ahead of the company's Q4 results. He predicts that the company will report strong results and guidance, "driven by strong computing demand trends and share gains associated with Intel's (INTC) next generation PC platform." The analyst keeps a $90 price target and an Overweight rating on Monolithic Power.

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The U.S. Department of Defense has awarded Intel Foundry Phase Three of its Rapid Assured Microelectronics Prototypes - Commercial, or RAMP-C, program, the company announced. "The award was announced through the National Security Technology Accelerator's consortium-based Strategic and Spectrum Missions Advanced Resilient Trusted Systems Other Transaction Authority program. The third phase of RAMP-C advances the tape-out and testing of early defense industrial base product prototypes, signifying a critical milestone for the program that highlights the readiness of Intel 18A process technology, intellectual property and ecosystem solutions for high-volume manufacturing. As part of the announcement, RAMP-C customers can begin manufacturing commercial and DIB product prototypes on Intel 18A process technology," Intel stated. Reference Link