Rate-Sensitive Tech Stocks to Watch Ahead of September Fed Meetings

The upcoming Federal Reserve meetings and inflation data in September are expected to have a significant impact on interest-rate expectations, which can quickly change how investors view growth-oriented U.S. technology and crypto-linked stocks.

Three stocks that tend to react more sharply to interest-rate signals are Monolithic Power Systems (MPWR), ACM Research (ACMR), and AXT (AXTI).

Monolithic Power Systems designs semiconductor-based power management chips, generating about $3.3 billion in revenue from semiconductors, with a large share coming from customers in China and Taiwan.

The company's market cap is $59.6 billion, and analysts highlight revenue and earnings growth expectations, as well as high forecast returns on equity.