Navitas Semiconductor (NVTS) stock gained over 1% overnight after the company unveiled a 24 kW power delivery board developed with Nvidia for AI data centers, targeting 97% efficiency at full power. The board removes an intermediate stage that converts 50 volts to 12 volts, aiming to reduce energy losses, simplify power distribution and free up board space. It uses 16 GaN transistors rated at 650 volts and follows a previously announced 20 kW system that converts 800 volts to 6 volts. The stock had fallen 7% in the regular session, its worst day in over a month, while retail sentiment on Stocktwits turned bullish.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.5T |
| Close on 10/12/2026 | 226.32 |
| Change that session | -1.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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