Navitas Semiconductor spikes after unveiling products “purpose-built” for Nvidia’s upcoming data center architecture
Shares of tiny chip firm Navitas Semiconductor are spiking after management unveiled products “purpose-built for Nvidia’s 800 VDC AI factory architecture, delivering breakthrough efficiency, power density, and performance.”
Nvidia is aiming to transition to 800-volt direct current power for its Kyber racks, which it expects to start deploying in 2027, and once again name-dropped Navitas as a partner in providing silicon in a blog post on Monday.
Navitas’ integrated circuits and silicon carbide chips are being positioned as ways to help make data center environments more space and power efficient.
“As NVIDIA drives transformation in AI infrastructure, we’re proud to support this shift with advanced GaN and SiC power solutions that enable the efficiency, scalability, and reliability required by next-generation data centers,” said Navitas CEO and President Chris Allexandre.
Navitas more than doubled on May 22 after announcing that it had earned a place in Nvidia’s supply chain, gaining 164% in its best session on record.
Its worst session since that revelation came in the wake of its second-quarter earnings report, where management provided an outlook for third-quarter sales that was both lower than expectations and lower than what they’d booked in Q2.
The takeaway back then was simply that the Nvidia halo effect wouldn’t be translating into actual sales imminently. The market’s takeaway today seems to be increased confidence in an eventual financial benefit from Navitas’ relationship with the $4 trillion chip designer.
