Exhibit 99.1 Power Integrations CEO Jennifer Lloyd commented: "Revenues increased nine percent year-over-year driven by strong growth in the industrial category. While near- term visibility is low due to macroeconomic uncertainty, our long-term growth drivers are on track. Our automotive business continues to build toward a material revenue contribution in 2026. Revenues from GaN-based products grew more than 50 percent in the first half with adoption broadening into appliance, industrial and EV application ...