Navitas Semiconductor Stock Plummets 12.67% Despite Nvidia Partnership Boosting 223rd Rank in Trading Volume

Generated by AI AgentAinvest Volume Radar
Friday, May 23, 2025 8:01 pm ET1min read

On May 23, 2025,

Semiconductor (NVTS) experienced a significant decline, with its trading volume dropping by 73.47% to 3.50 billion, ranking 223rd in the day's stock market activity. The stock price fell by 12.67%.

Navitas Semiconductor's stock price surged following the announcement of a strategic partnership with

. This collaboration is focused on developing power solutions for Nvidia's 800V HVDC architecture initiative, which aims to enhance data center power delivery. Navitas' technology, including integrated circuits and silicon carbide semiconductors, is expected to address challenges such as space constraints and inefficient power conversions in high-power data centers.

Navitas Semiconductor's partnership with Nvidia is seen as a significant endorsement, given Nvidia's prominent role in the AI chip market. This collaboration is anticipated to reduce Navitas' dependence on revenue from China and open up new opportunities in AI infrastructure. The partnership has garnered substantial investor confidence, reflecting positively on Navitas' stock performance.

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