Traders hoping Nvidia would disappoint the market and send its partners' shares plummeting came unstuck this week.

onsemi looks like the clearer AI power-infrastructure buy as margins expand and data-center revenues jump, while Navitas stays small and unprofitable.

TORRANCE, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced that Chris Allexandre, CEO, and Tonya Stevens, CFO, will participate and host one-on-one meetings with investors and analysts registered to attend the following upcoming investor conferences:

Navitas Semiconductor Corp. shares fell slightly in after-hours trading following a strong intraday gain.

Navitas' AI infrastructure is scaling fast, lifting revenues and margins, but operating breakeven is likely to require quarterly sales in the high-$30 million range.

NVTS sees grid infrastructure emerging as a major AI-driven growth market, with GaN and SiC adoption projected to surge through 2030.

Navitas Semiconductor (NVTS) surged 900% after pivoting from low-margin mobile to AI data center power semiconductors, now valued at $5 billion. NVTS commands roughly 7% of its $330 million serviceable addressable market, but faces intense competition from major semiconductor players. Despite innovation and Nvidia collaboration, NVTS is one of 14 silicon providers, limiting exclusivity and market share expansion prospects.

NVTS sees AI data centers as a multibillion-dollar growth driver as demand rises for GaN and SiC chips in next-gen power-hungry racks.

Highlights include two SST solutions for converting the MV grid to 800V HV DC, a 10 kW, 800 V-to-50 V DC-DC full-brick platform, along with a 20 kW 800 V-to-6 V power delivery board for AI data center Highlights include two SST solutions for converting the MV grid to 800V HV DC, a 10 kW, 800 V-to-50 V DC-DC full-brick platform, along with a 20 kW 800 V-to-6 V power delivery board for AI data center

Navitas Semiconductor (NVTS 4.48%) and Poet Technologies (POET 22.36%) are both chasing the AI infrastructure boom, but their stories are very different. One has stronger validation, while the other offers potentially explosive upside if customer adoption accelerates.