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Navitas (NVTS) shares more than doubled this morning after the power semiconductor company said it has teamed up with Nvidia (NVDA) on its cutting-edge 800V high-voltage direct current (HVDC) architecture.
The next-gen architecture is designed to improve the efficiency and scalability of AI workloads. It reduces copper usage by 45% compared to conventional 54DC systems, helping lower costs and enhance reliability as well.