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Navitas Semiconductor Soars 183.77% on NVIDIA Partnership
Generated by AI AgentAinvest Movers Radar
Thursday, May 22, 2025 4:12 am ET1min read
On May 22, 2025,
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
. This partnership aims to develop next-generation 800V HVDC architecture for data centers, leveraging Navitas' 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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