News about Navitas

Navitas Semiconductor (NVTS) shares rose 6% after third-quarter revenue of $14.0 million beat the $13.17 million consensus, and fourth-quarter guidance of $16.0 million at the midpoint topped the $15.12 million estimate. The company expects AI infrastructure to exceed 40% of fourth-quarter sales as mobile chips, most of last year's revenue, nearly disappear by year-end. It now guides 2026 revenue to $49.1 million, above the $47.7 million consensus, and expects AI infrastructure revenue to grow about 3x in 2027. The article notes Navitas trades at 34x forward sales, above its three-year average of 31x, so part of the 2027 growth is already reflected in the share price. NVIDIA's November 17 report will be the next read on 800-volt timing.

Navitas Semiconductor (NASDAQ: NVTS) shares climbed 5% in after-hours trading after the company announced a strategic collaboration with Nvidia on an advanced power delivery board for next-generation AI data centers. The 24-kilowatt board converts 800 VDC directly to 12 VDC in a single stage, bypassing the traditional 50 V intermediate bus converter to improve efficiency and save board space. The design targets 97% efficiency at full load and can be placed directly beside the processors on the compute motherboard. It expands Navitas' 800 VDC portfolio, building on a previously announced 20 kW board also co-developed with Nvidia, and will be shown at the OCP Global Summit 2026.

Navitas Semiconductor (NVTS) and NVIDIA have developed a 24 kW power delivery board that converts 800 VDC directly to 12 VDC in a single stage, removing the existing 50 V-to-12 V IBC stage to improve efficiency, reliability and board space. The board targets 97% efficiency at full load and power density above 2,000 W/in³, using 16 NV6034 GaNFast FETs in a 400 mm × 60 mm form factor. It follows an earlier 20 kW 800 V-to-6 V board and will be showcased at the NVIDIA AI Factory MGX Wall at OCP Global Summit 2026. CEO Chris Allexandre said the design brings power closer to the GPU while increasing efficiency and power density.