Navitas Semiconductor has announced an ultra-high-voltage 2,300 V SiC power module family and a 24 kW, 800 V to 12 V DC-DC power delivery board for AI data centers, grid infrastructure and high-power energy systems. Pairing the SiC modules with an NVIDIA-backed 800 V DC architecture places Navitas more directly in AI power delivery designs, tying its roadmap to hardware being deployed. The company is still loss-making, and the article flags execution risk, weak solar, EV and industrial markets, and the need for tighter cost control after past one-off costs and workforce cuts. Based on assumed annual revenue growth of 52.3%, the analyst narrative forecasts revenue of US$143.2 million and earnings of US$24.0 million by 2029, up from a loss of US$133.9 million today, and cites a reported US$450 million design-win backlog.
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