Monolithic Power Systems and Analog Devices linked to AI data center power demand

Monolithic Power Systems makes power‑management semiconductors used in AI data centers, cloud servers, autos and industrial gear. It generates about US$3.3 billion in revenue, with a market cap of US$56.0 billion, and roughly half of its sales now come from data‑center exposure. Management says enterprise data growth is now flooring at 130 % year‑over‑year. The company’s outlook hinges on whether AI‑driven workloads continue to need higher power density, a factor that could lift revenue and earnings if the trend holds.

Analog Devices designs high‑performance chips that turn analog signals into digital data for AI, cloud, automotive and industrial hardware. It reports about US$13.9 billion in revenue. Both firms sit behind the heavy computing loads that power AI models, making their performance a bellwether for the broader AI infrastructure ecosystem.