Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Niloy Chakrabarti

This Semiconductor Stock Soared 26% Tuesday After Launching Devices for Nvidia's AI Factory Architecture

Navitas faces near-term headwinds from tariffs and high valuation. (Credit: Pixabay)

Navitas Semiconductor (Nasdaq:NVTS) shares jumped 26% on Tuesday to $12.57 (£9.41) per share after it launched new high-performance power semiconductor devices to support Nvidia's (NVDA) newly announced next-gen AI factory architecture. The Navitas stock is up 252% year-to-date.

The California-based semiconductor manufacturer unveiled advanced gallium nitride (GaN) and silicon carbide (SiC) power semiconductors, specifically built for Nvidia's 800 VDC AI factory power architecture. The 800 VDC power distribution system offers better efficiency and is designed to deliver megawatt-scale rack power for AI data centres.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.