Navitas Semiconductor Soars 183.77% on NVIDIA Partnership

Generated by AI AgentAinvest Movers Radar
Thursday, May 22, 2025 4:12 am ET1min read
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On May 22, 2025, NavitasNVTS-- Semiconductor's stock price skyrocketed by 183.77% in pre-market trading, marking a significant surge in investor interest and market sentiment.

Navitas Semiconductor's stock price has seen a dramatic increase following the announcement of a strategic collaboration with NVIDIANVDA--. This partnership aims to develop next-generation 800V HVDC architecture for data centers, leveraging Navitas' GaNGAN-- and SiC technologies to support NVIDIA's 800V HVDC data center power infrastructure. This collaboration is expected to revolutionize the power supply system, enabling support for 1 MW IT racks and beyond.

The collaboration has sparked a surge in buying activity, with short sellers rushing to cover their positions. Analysts have foreseen a potential upside of over 60% from this partnership, reflecting the market's optimism about the future prospects of Navitas Semiconductor.

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