$NVTS

Argentina filed a criminal complaint against Navitas Petroleum and four other firms over hydrocarbon exploration near the Falklands. The complaint targets companies operating under UK licenses, which Argentina deems illegitimate. Navitas shares slid over 14% since the announcement. The companies maintain they operate under valid licenses from the Falkland Islands government.

U.S. stock futures rose early Tuesday amid geopolitical tensions in the Middle East, with Dow, Nasdaq, and S&P 500 futures up 0.6%, 0.8%, and 0.6% respectively. Investors are watching Nvidia (NVDA) due to compliance demands and demand warnings, while Navitas Semiconductor (NVTS) surged 10% after settling a legal dispute. Micron (MU) and SanDisk (SNDK) rose on index reclassification news. Ferrari (RACE) fell 3% after debuting a new EV. Snowflake (SNOW) and Marvell (MRVL) are set to report earning

Navitas Semiconductor reported Q4 revenue of $7.3M, exceeding estimates, and forecast Q1 revenue of $8.0-8.5M. Shares rose 7% in after-hours trading. The company highlighted partnerships and new products for AI data centers, with CEO Chris Allexandre noting progress in high-power markets. Retail sentiment on Stocktwits turned bullish, speculating on future partnerships.

Navitas Semiconductor acquired Claros for $232.8M to expand its product portfolio. GlobalFoundries will produce GaN devices for Navitas, marking a milestone in U.S. GaN manufacturing. Navitas reported Q2 2026 revenue of $10.5M and a net loss of $228.2M, facing lawsuits from Renesas and Wolfspeed.

Navitas Semiconductor and GlobalFoundries (GF) will begin shipping US-made 5th Gen GaNFast tech in September. The initial products include 650V GaN FETs with various RDS(ON) values. The partnership aims to bolster US GaN production for AI and national security. Both companies highlight the milestone as a step in strengthening domestic semiconductor manufacturing.

Navitas Semiconductor (NVTS) announced the first shipments of its 5th Generation GaNFast™ technology, manufactured in the U.S. through a partnership with GlobalFoundries. The shipments, beginning in September, mark a milestone in domestic GaN production for AI infrastructure and national security applications. The collaboration aims to strengthen the U.S. semiconductor ecosystem and provide advanced GaN power semiconductors.

Carets Corp is exploring a potential sale, including its technology and patents. Algorhythm Holdings (RIME) and Biomerica (BMRA) are evaluating strategic alternatives. nVent Electric (NVT) acquired Maverick Power for $1.75B, with up to $550M more in performance-based payments. Descartes (DSGX) bought Tai for $100M, and Navitas (NVTS) acquired Claros for up to $232.8M. Booz Allen (BAH) completed a $720M acquisition, and Elastic (ESTC) acquired Deductive AI. BioXcel (BTAI) filed for Chapter 11 ban

Navitas Semiconductor (NVTS) acquired Claros, with high power markets driving 50% YOY growth. Q3 revenue expected at $13.5M, with non-GAAP loss per share widening to $0.08. Analysts rate NVTS 'Hold' with an average price target of $14.45, implying 13.7% upside.

Navitas Semi acquires Claros, a developer of vertical power delivery and integrated voltage regulator tech for AI datacentres, for around $216m in cash and stock. The deal, expected to close by year-end, aims to enhance Navitas's power chip portfolio and address AI infrastructure power challenges. Claros's tech complements Navitas's GaN and SiC portfolio, targeting high-density AI racks.

NEURA Robotics acquired ADLATUS Robotics, expanding its Physical AI platform into autonomous cleaning. NexTech Solutions acquired BOOMSLANG Aerospace, adding uncrewed aerial systems. Navitas Semiconductor agreed to acquire Claros for $216M, enhancing its AI data center power delivery. Financial terms for NEURA and NexTech deals were not disclosed.