Fall 2026
Digital Verification Intern
Posted on 7/20/2026
Monolithic Power Systems
1,001-5,000 employees
Fabless semiconductor designer of power solutions
No salary listed
Sant Cugat del Vallès, Barcelona, Spain
In Person
 Hardware Engineering (1) |
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- Bachelor/MS in Electrical Engineering with emphasis in Digital Design/VLSI coursework
- Has the ability to follow instructions/tasks according to design specifications/procedures
- Basic knowledge of ASIC development process and digital design techniques
- Good written/verbal communication skills and strong team work/collaboration
- Knowledge of standard DV languages (SystemVerilog, UVM) and behavioral/RTL coding
- Executing tasks that hit project milestone
- Assist with the creation of Digital Verification environments with UVM and SystemVerilog.
- Write Digital and Mixed-Signal testcases and assertions/checkers.
- Analyze and debug test results, code coverage and functional coverage.
- Support on Verification IPs and standard tests, environments, checkers, etc.
- Assist with Test Plan generation based on design requirements and product datasheets of digital / mixed-signal IC’s.
- Close interaction with Senior Digital Design, Digital Verification and Analog Design Engineers to develop System Level and Behavioral Models.
- Automation and scripting.
- Gate-Level verification.
- SCAN and Other DFT Techniques
- Knowledge of power management industry/applications
- I2C, I3C, SPI, USB, PMBUS
- Scripting and automation languages like TCL, Python and C/C+
Monolithic Power Systems designs and sells high-performance power management solutions and analog integrated circuits (ICs) for a variety of markets, including industrial, telecom, cloud computing, automotive, and consumer electronics. It operates as a fabless company, outsourcing semiconductor manufacturing to third-party foundries. Its products are compact, highly integrated power-management ICs that help end systems reduce energy consumption and improve efficiency. MPS primarily sells directly to OEMs and ODMs and through distributors and resellers. By focusing on proprietary process technology and design, MPS differentiates itself via efficient, easy-to-use power solutions that enable customers to lower total system power. The company’s goal is to provide reliable, energy-efficient power management components that enable customers to improve performance while minimizing power usage across diverse applications.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
West Palm Beach, Florida
Founded
1997
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Simplify's Take
What believers are saying
- Enterprise data revenue grew 33% sequentially as AI data centers drive optical module demand[2][8].
- MPS targets 70% share in Nvidia's Vera Rubin GPU platform, adding over $100M to 2026 revenue[2][8].
- Auto revenue surged 97.7% year-over-year due to EV and smart cockpit expansion in 2025[2][8].
What critics are saying
- Enterprise Data segment at 32.7% of sales hinges on Nvidia Blackwell; a 10–20% AI slowdown could cut revenue 15–25%[1][7].
- Texas Instruments and Analog Devices are eroding MPS design wins with comparable AI server power modules[2][6].
- Insider sales of $160.9M in 90 days signal confidence issues amid ongoing fiduciary duty investigations[1][7].
What makes Monolithic Power Systems unique
- MPS uses proprietary bipolar-CMOS-DMOS process to integrate analog, digital, and memory on one chip[6].
- Its fabless model enables asset-light scaling while focusing on high-performance power architecture design[1][3].
- MPS delivers monolithic solutions with smaller form factors and higher power density than competitors[2][6].
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Paid Holidays
Paid Vacation
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 3%Orbital compute infrastructure startup Starcloud has raised $170 million at a $1.1 billion valuation, as companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin race to move power-hungry AI data centers off-planet.
Gennex joins the grand opening of MPS Malaysia. Gennex was honored to attend the grand opening of Monolithic Power Malaysia Sdn Bhd, marking an exciting milestone for the expansion of MPS Malaysia in the region. The event celebrated innovation, collaboration, and the continued growth of Monolithic Power Systems, Inc. across Southeast Asia. As a global leader in high-performance power solutions, MPS continues to play a vital role in advancing efficient power management technologies for modern electronics. With a commitment to authenticity, technical excellence, and long-term partnerships, Gennex connects businesses to globally recognized manufacturers while ensuring reliable procurement, efficient logistics, and responsive support. Supporting the growth of MPS Malaysia. As a trusted technology partner, Gennex Corporation is proud to support the growing presence of MPS Malaysia and its commitment to delivering cutting-edge semiconductor solutions. Through strong partnerships and regional collaboration, Gennex works closely with industry leaders like Monolithic Power Systems to provide innovative power management solutions for a wide range of industries, including: * Industrial electronics * Automotive systems * Data centers and cloud infrastructure * Consumer electronics * Telecommunications technology Innovation and collaboration in Southeast Asia. The grand opening highlighted the shared vision between Gennex and Monolithic Power Systems - to drive innovation and enable next-generation energy-efficient technologies. With the growing demand for high-performance power management, MPS Malaysia is positioned to support engineers and companies developing the technologies of tomorrow. Gennex looks forward to continuing its collaboration with Monolithic Power Systems and supporting innovation across Malaysia and beyond. MPS Malaysia: explore MPS power solutions. Offices. Singapore - HQ Gennex Singapore pte. ltd. Address: 11 Woodlands Close #09-27 Woodlands 11 Singapore 737853 Phone: +(65) 6684-2013 Fax: +(65) 6684-2011 Philippines
Monolithic Power Systems established engineering and test center in Penang. By Digital News Asia March 10, 2026 * New facility strengthens MPS's global testing capabilities and regional operations * Penang facility to anchor MPS's Malaysia operations and support semiconductor innovation Monolithic Power Systems, Inc. (MPS), a leading provider of high-performance power solutions, has officially opened its first engineering and test centre in Penang. The new facility will support MPS's expanding global operations and testing capacity. Leveraging its proprietary technology and engineering expertise, the company develops high-performance, ultra-efficient power management solutions used across data centres, automotive, consumer and industrial segments. The centre will also serve as MPS's Malaysia headquarters. The opening ceremony was attended by Chow Kon Yeow, chief minister of Penang; Loo Lee Lian, CEO of Invest Penang; and Deming Xiao, executive vice president of Global Operations at MPS. Chow Kon Yeow said the investment aligns with Penang's efforts to strengthen its semiconductor ecosystem. "MPS's aspiration towards cutting-edge R&D for semiconductor design resonates with the PSD@5KM+ vision. With PSD@5KM+ nurturing a pipeline of highly skilled talent, and MPS creating opportunities to apply these skills on a global scale, we are strengthening Penang's role as the heart of Malaysia's semiconductor innovation and the Silicon Valley of the East." Deming Xiao noted that MPS continues to expand its global footprint following strong business performance. "With record revenue in 2025 and 14 consecutive years of growth, we continue to invest strategically in regions that offer strong technical talent and operational excellence," he said. "The Penang engineering and test centre strengthens our global capabilities and supports our long-term expansion strategy," he added. Motorola Solutions is doing 'ground zero' design and development work in Penang, with 95% locally trained talent, but needs more quality engineers to be produced by universities. Apr 10, 2013 Chipbond Technology Corporation has opened its new advanced manufacturing facility in Batu Kawan, Penang. Feb 10, 2026 congatec, a global embedded and edge computing leader, launches a Penang subsidiary, expanding its high-value R&D footprint in Asia. Jan 27, 2026 For more technology news and the latest updates, follow us on Facebook, Twitter or LinkedIn
Monolithic Power Systems, an analog and mixed signal chipmaker specialising in power management, has returned 215% since March 2021, nearly tripling the S&P 500's 76% gain. The stock currently trades at $1,020 and is up 19% over the past six months following strong quarterly results. Founded in 1997, the company has demonstrated robust fundamentals, with revenue growing at a 27% compound annual growth rate over the past five years. Its earnings per share increased 28.7% annually during the same period, indicating profitable growth. Monolithic Power Systems' five-year average return on invested capital was 43.5%, placing it amongst the best semiconductor companies. The stock currently trades at 50.2× forward price-to-earnings ratio.
KeyBanc has raised its price target for Monolithic Power Systems to $1,500 from $1,300, maintaining an Overweight rating following strong fourth-quarter results. The semiconductor company reported record quarterly revenue of $751.2 million, surpassing expectations of $740.23 million. The company's data centre division showed particularly strong momentum, with substantial year-over-year growth across enterprise data, computing storage and communications segments. Monolithic Power Systems has raised its 2026 enterprise data growth forecast to more than 50%, up from a previous 35% projection. The company designs and markets power management systems for computers, automotive, data centres and communications industries. The upgraded price target reflects strong market demand and share gains in the data centre sector.