Abstracts of MPS (MPWR) Note • Initiate Buy | TP $1,706
• Key position in AI power (GPU + ASIC) on Strong demand + VPD module uplift + firm pricing from DrMOS shortages
• Storage / enterprise data / auto design wins → broad recovery
• EPS forecast: $28 (2026E) / $49 (2027E)
• Target based on 35x 2027E P/E • GPU power surging (H100 → B200 → Rubin) + higher density per rack
• Conventional power delivery hits limits → strong demand for high-phase PoL VRMs (12V→1V)
• AI 12V-1V power TAM set for strong growth amid tight supply
• Differentiated tech: leading BCD process + Intelli-Phase + DPPM architectures
• Enterprise Data sales expected +153% / +81% YoY in 2026E/2027E • Long-term capacity target lifted well above $6bn
• New product ramps unlocking SAM in storage, communications & automotive
• Initial high-speed DDR5 orders secured
• Sampling high-voltage AC-DC for 800V data-center architectures
• Automotive: >1,500 new sockets shipped YTD (ADAS + in-vehicle electronics) #MPS# #MPWR#

achieving speed of your own power (by e.g. Biking) absolves you of sin. So taking a citibike (or God forbid driving) is is cheating yrself of clean. Not a sin itself but unwise...you will probably go to hell :/ and what's more I'm STILL gonna pass you

DC POWER UPGRADE FUD: Market weakness begets fear and shortens investor duration, hence tendency to question pie in the sky technology stories. Power transition to 800V seeing some negative press and power names e.g., DELTA $2308; ROHM $6963; $485A; passives in general -- impacted

Astra Nova × AiMalls @ai_malls is a tokenized e-commerce platform powered by AI and blockchain, built to bridge Web2 and Web3 shopping experiences. With real-world utility through its $AIT token, SEC registration, and CertiK audits, it focuses on creating a seamless digital commerce ecosystem. As part of this collaboration, we will be running joint campaigns on Black Pass to activate both communities and drive engagement. 💪 More details on the upcoming campaigns will be announced soon. ⚡️ Looking forward to building with AiMalls.

The S&P500 trailing 12-month P/E is above its historical 95% percentile. Do elevated valuations coincide with elevated crash risk? Yes! Using Mishkin and White's (2002) definition of a "crash" as a 20% decline in the next month, quarter or year, crashes have occurred about 7% of the times that P/E has been this elevated over the past 100 years. Elevated P/E has predictive power for crash risk. Does that mean an investor should get out of the market when P/E is this elevated? Not necessarily! Even with the more frequent severe drawdowns, the equity premium has been so large that an investor who stayed in the market regardless of P/E earned higher returns than an investor who exited when P/E was this high. The false positives (high P/E but no crash) were frequent enough to outweigh the losses during a crash. Those high returns come with more volatility, however, so the decision to stay in the market depends on the risk aversion of the investor.

TESLA FAIL I have been trying to get my recalled @teslaenergy Powerwalls replaced since June (short version of the story). My replacement appointment has finally been set for…wait for it… October 14, 2026 👎 I still have to pay Tesla every month for a product I can’t use and now I have to pay PG&E because my Powerwalls are deactivated. This is costing me thousands of dollars. I love Tesla and Tesla products but this is a major fail and should be addressed.

FORGENT $FPS Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $462M (Est. $430M) 🟢; +94% YoY 🔹 Adj. EPS: $0.25 🔹 Adj. EBITDA: $113M (Est. $108M) 🟢; +163% YoY 🔹 Adj. Net Income: $77.3M (Est. $73.6M) 🟢 🔹 Backlog: $3.0B; +256% YoY FY27 Guide: 🔹 Revenue: $2.4B-$2.6B (Est. $2.08B) 🟢 🔹 Adjusted EBITDA: $575M-$625M (Est. $511M) 🟢 🔹 Adj. EPS: $1.26-$1.40 Segment Performance: 🔹 Powertrain Solutions: +259% FY26 Other Q4 Metrics: 🔹 Bookings: $1.5B; +375% YoY 🔹 Book-to-Bill: 3.3x 🔹 Net Income Margin: 14.3% 🔹 Cash Flow From Operations: $74M Key Updates: 🔹 Revenue, Adj. EBITDA and Adj. Net Income all exceeded the high end of May guidance 🔹 Announced incremental Powertrain Solutions capacity expansion in Tijuana Comments: 🔸 “Our performance demonstrates that Forgent is not only benefiting from industry growth, but also gaining share and significantly outpacing the broader market,” 🔸 “we are making an incremental investment in dedicated e-House and Powerskid production in Tijuana.”