Monolithic Power Systems forecast fourth-quarter revenue of about $1.35 billion after reporting third-quarter revenue of $1.20 billion, up 63.1% from a year earlier. The outlook suggests year-over-year growth could approach 80%.
The company also reported third-quarter adjusted operating income of $464.5 million.
Revenue growth and inventory
Monolithic Power’s reported operating figures included a decline in inventory days to 130 from 140 and 11 consecutive quarters of revenue growth. The fourth-quarter revenue figure remains a forecast.
Lumentum outlines optical technology plans
Lumentum expects newer optical technology to begin scaling in 2028. Its plans concern connections that use light to transmit information between processors in AI data centers.
Copper connections face limitations over longer distances as data centers grow, creating demand for optical connections. Lumentum supplies lasers and optical components used in this infrastructure.