I rate Navitas Semiconductor a Buy with a $19 price target, implying 31.4% upside from the current level of $14.46. NVTS's new mix can become more valuable if AI data center power, grid and energy infrastructure and industrial electrification scale as expected. In my model, I have estimated these drivers add roughly $0.36 of incremental EPS by 2029, helping NVTS move from a 2026 normalized EPS of ($0.17) to a 2029 EPS of +$0.19.

TORRANCE, Calif., July 06, 2026 (GLOBE NEWSWIRE) --  Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report second quarter 2026 financial results on Monday, July 27, 2026, after the market close.

Navitas Semiconductor plunges 41% in a month, as premium valuation, revenue pressure and intense competition weigh on its near-term outlook.

Broadcom provides massive scale and profitability through its dominant position in AI networking and enterprise software. Navitas Semiconductor is executing a high-stakes strategic pivot toward advanced power materials for data centers and electric vehicles.

Nvidia, AMD, Micron still dominate the AI stock conversation, but one much smaller semiconductor name has quietly stolen the performance spotlight in 2026. Navitas Semiconductor (NASDAQ: NVTS), which trades under the ticker NVTS, recently changed hands near $17 and carried a market value of about $4.3 billion.

Nvidia and Broadcom are familiar names for investors seeking AI exposure. In March, a lesser-known company introduced a solution that improves power efficiency in data centers.

Intel is aggressively pivoting toward a foundry model to manufacture chips for other designers globally. Navitas Semiconductor is specializing in next-generation power materials designed for AI data centers and electric vehicles.

NVTS' AI story may be only half the picture as grid upgrades open a $1-$1.8B SiC opportunity tied to rising data center power demand.

AAOI stands out over NVTS owing to a favorable valuation picture and the absence of near-term revenue pressure amid AI infrastructure demand.

The stock market rose today as investors reacted to hopes for a resolution to the Iran war and SpaceX's IPO. Investors treated SpaceX's successful first day of public trading as a bullish indicator for Navitas and other growth stocks.