Completes Navitas' high-power portfolio with Claros' IVR technology, enabling vertical and embedded architectures and providing last step in power delivery to the core

Navitas Semiconductor's 72.2% YTD surge reflects AI power demand and 800V opportunities, but declining mobile revenues and a premium valuation warrant caution.

Solution combines digital power control, GaN technology, and hardware-based security to accelerate development of high-efficiency rack power systems based on the 800V DC OCP standard Solution combines digital power control, GaN technology, and hardware-based security to accelerate development of high-efficiency rack power systems based on the 800V DC OCP standard

Navitas Semiconductor Corporation (NASDAQ: NVTS - Get Free Report)'s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $11.73, but opened at $12.81. Navitas Semiconductor shares last traded at $11.8890, with a volume of 13,146,115 shares. Trending Headlines about Navitas Semiconductor Here are the key news stories impacting Navitas Semiconductor

Navitas Semiconductor Corporation receives a Buy rating, buoyed by a recent U.S. Army contract for next-gen silicon carbide power semiconductors. NVTS remains unprofitable, with quarterly revenue of $10.5M against high R&D and SG&A expenses, but boasts $557M in cash for runway. Competitive risks from Infineon, Texas Instruments, and onsemi and ongoing patent litigation could constrain margin expansion and the path to profitability.

Shares of Navitas Semiconductor Corp. (NASDAQ:NVTS) are trading flat Wednesday afternoon as investors weigh a major defense contract and fresh antitrust clearance.

Lumentum's AI-driven optical demand, strong earnings growth, and expanding data center opportunities set it apart from Navitas Semiconductor.

Navitas Semiconductor Corp (Nasdaq:NVTS) won a US Army award to develop 10 kV silicon carbide power chips for military systems. The award covers the ALATTIS prototype project, which targets a domestic manufacturing process for silicon carbide insulated-gate bipolar transistors and associated PiN diodes.

Navitas Semiconductor (NVTS) stock opened in the green on Tuesday after getting selected by the US Army for its prestigious Advanced High-Power Electronics (ALATTIS) initiative. Under this contract, the power semiconductor company will accelerate the domestic development of ultra-high-voltage 10 kV Silicon Carbide (SiC) technology for critical defense systems.

Shares of Navitas Semiconductor (NASDAQ:NVTS) were surging premarket, though the stock has since pared gains, last seen up 2% to trade at $11.96, after the company was selected to produce chips for the U.S. Army's ALATTIS (Accelerated, Large-Area, 10 kV SiC IGBT) program.