News about Navitas Semiconductor

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.

Navitas Semiconductor (NVTS) unveiled a 24 kW 800 V-to-12 V DC-DC power delivery board co-developed with NVIDIA for the MGX ecosystem, highlighting its push into AI data centers. Its share price has been choppy, with a 1-day return of 4.6% after the product news, but it is down 21.25% over 90 days and 16.87% over the past year, while its 3-year total shareholder return is 76.82%. A popular valuation narrative cited in the article puts fair value at $14.46 against a last close of $10.45, pointing to a $450 million backlog of design wins. The article also flags risks including legal action from Wolfspeed and soft demand in EV, solar and industrial markets. Bulls point to the NVIDIA ties, while bears focus on losses, share issuances and recent declines.

Navitas Semiconductor announced in early October 2026 a 24 kW, 800 V-to-12 V GaNFast power board developed with NVIDIA, targeting 97% efficiency for AI data-center racks through a single-stage design. The article views it as a near-term catalyst but notes it does not reduce risks from ongoing losses and shareholder dilution. Its narrative projects $143.2 million in revenue and $24.0 million in earnings by 2029, requiring 52.3% yearly revenue growth from current earnings of -$133.9 million and implying a $14.46 fair value. The lowest analyst estimates, by contrast, model only about US$123.6 million in revenue by 2029.