Navitas Semiconductor Surges on Nvidia AI Chip Development Breakthrough
Navitas Semiconductor shares skyrocketed 29% in pre-market trading following its announcement of advanced gallium nitride and silicon carbide power devices for Nvidia's next-generation AI computing platforms. The rally extends Monday's 21% gain, fueled by geopolitical tailwinds as US-China trade tensions eased.
The company unveiled 100-volt GaN FETs and 650V high-voltage devices specifically engineered for Nvidia's 800VDC AI factory architecture. These solutions promise transformative efficiency gains for data centers handling massive AI workloads—a market experiencing explosive growth as generative AI adoption accelerates.
Navitas' GaNFast and GeneSiC technologies position the firm at the forefront of power semiconductor innovation. The breakthrough comes as hyperscalers scramble to upgrade infrastructure for increasingly power-hungry AI models, creating unprecedented demand for energy-efficient computing solutions.
