This article first appeared on GuruFocus.
Navitas Semiconductor (NVTS, Financials) surged Tuesday after announcing major progress in developing medium and high voltage gallium nitride and silicon carbide power devices designed for Nvidia’s (NVDA, Financials) 800-volt AI factory power architecture. The stock rose 26% in premarket trading, extending a 21% rally from the prior session.
The new 100V GaN FET portfolio, along with 650V GaN and high-voltage SiC devices, was built specifically for Nvidia’s data center systems. The technology is engineered to deliver higher efficiency, power density, and performanceessential for handling the rising computational demands of advanced AI workloads.
Navitas said its latest designs enable breakthrough efficiency and scalability for AI-driven data centers. CEO Chris Allexandre said the company is proud to support Nvidia’s transformation in AI infrastructure with power solutions optimized for next-generation computing.
The collaboration underscores how power and energy systems are becoming critical components in AI infrastructure development. Analysts say the alignment with Nvidia’s architecture strengthens Navitas’s positioning as a supplier in the growing AI hardware ecosystem.
Navitas shares traded near $12.70 in premarket activity Tuesday, while Nvidia closed up 2.8% Monday before easing slightly early Tuesday.