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Investigation launched into Monolithic Power after Nvidia cuts orders over product issues

Market News
10 Jul 2026
PRNewsWire
View Source
Bearish
pluang ai news

Kahn Swick & Foti, LLC has started an investigation into Monolithic Power Systems following a report that Nvidia, its largest customer, canceled half of its orders due to performance problems with Monolithic's products. Nvidia engineers reportedly lost confidence and shifted to competitors for next-gen chips. This led to a securities class action lawsuit against Monolithic and some executives for allegedly withholding material information. The investigation aims to determine if company leaders breached fiduciary duties or laws, with affected shareholders encouraged to come forward.

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