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Navitas Semiconductor Soars 15.08% on NVIDIA Partnership
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, May 28, 2025 8:14 am ET1min read
On May 28, 2025,
Semiconductor's stock surged by 15.08% in pre-market trading, marking a significant rise in its share price.Navitas Semiconductor's stock price has seen a substantial increase due to its strategic partnership with
. This collaboration focuses on developing an 800V HVDC architecture, which aims to enhance power efficiency and reduce complexity in AI data centers. The partnership is expected to drive innovation in the tech industry, particularly in the realm of AI and accelerated computing.The collaboration with NVIDIA, a global leader in AI and accelerated computing, is seen as a major catalyst for Navitas' stock surge. The partnership is set to develop cutting-edge power solutions, which could significantly impact the efficiency and performance of AI data centers. This move is part of Navitas' broader strategy to leverage its technology in high-growth areas, positioning the company for future success in the tech sector.
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