Navitas Semiconductor (NVTS) Stock: Nvidia Partnership Sends Shares Soaring

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TLDRNavitas Semiconductor stock jumped 30.79% in after-hours trading following Monday’s session gains.The company launched new GaN and SiC power semiconductors designed for Nvidia’s 800 VDC AI factory architecture.The 800 VDC power distribution system offers higher efficiency and can deliver megawatt-scale rack power for AI data centers.Navitas stock has gained approximately 180% year-to-date, with most gains occurring since late May.The company’s short interest stands at 22.20%, making it a potential target for a short squeeze according to retail traders.Navitas Semiconductor Corp. shares extended Monday’s rally with a 30.79% jump in after-hours trading. The stock climbed following the company’s announcement of new power semiconductor products.Navitas Semiconductor Corporation (NVTS)The Torrance, California-based manufacturer unveiled advanced gallium nitride and silicon carbide power devices. These products were built specifically for Nvidia’s 800 Virtual Design and Construction AI factory architecture.The new technology promises improved efficiency, power density and performance. Traditional 54V power distribution systems can’t handle the multi-megawatt rack density requirements of modern AI data centers.Navitas’ 800 VDC power distribution system reduces resistive losses and copper usage. The infrastructure can scale to deliver megawatt-scale rack power for AI computing workloads.CEO Chris Allexandre described the shift from 54V to 800 VDC as transformational rather than evolutionary. The company now focuses on megawatt-scale demands of AI factories, smart energy infrastructure and industrial platforms.Technical Specifications and Strategic PartnershipsThe company introduced a 100V GaN FET portfolio for lower-voltage DC-DC stages on GPU power boards. These components use a 200mm GaN-on-Si process through a partnership with Power Chip.Navitas also offers 650V GaN products and high-voltage SiC MOSFETs. These support various power conversion stages in data center infrastructure.The 800 VDC system enables direct conversion from utility power to 800 VDC within data centers. This eliminates multiple traditional conversion stages.The technology supports the entire power chain from grid to GPU. It covers both high-voltage distribution and point-of-load conversion for platforms like Nvidia’s Rubin Ultra.Stock Performance and Market DynamicsNavitas stock has gained roughly 180% year-to-date. Most of these gains came since late May.Monday’s rally followed the broader market’s rebound from Friday’s sell-off. President Donald Trump softened his stance on China tariffs, which helped markets recover.The company has heavy exposure to China. In early August, Navitas guided third-quarter net revenues to $10 million, plus or minus $0.5 million.That guidance represented a drop from the previous year’s $21.68 million. The company cited China tariff risks and a more selective mobile strategy for the decline.Short interest in Navitas stands at 22.20%. Several retail traders noted this makes the stock a prime candidate for a short squeeze.InvestingPro data shows the stock has surged over 350% in the past six months. The company maintains a current ratio of 8.23 and a debt-to-equity ratio of 0.02.Rosenblatt maintains a Buy rating but lowered the price target to $8.00. Craig-Hallum downgraded the stock from Buy to Hold with a $6.00 price target.The company is scheduled to report third-quarter earnings on November 3.The post Navitas Semiconductor (NVTS) Stock: Nvidia Partnership Sends Shares Soaring appeared first on Blockonomi.