Rick Schafer's questions to Monolithic Power Systems Inc (MPWR) leadership • Q2 2025
Question
Rick Schafer asked if the $4 billion enterprise data SAM includes the future conversion to 48-volt servers and how much HVDC might add to that total addressable market. He also requested an outlook for the Communications segment.
Answer
Founder, Chairman, President & CEO Michael Hsing clarified that the $4 billion SAM does not include future opportunities like 48-volt servers or 800-volt systems, which he views as significant long-term drivers. For Communications, EVP & CFO Bernie Blegen noted that while core networking has plateaued, growth in optical modules for data centers has been strong.