$NVTS

Microchip Technology and Navitas Semiconductor collaborated on an 800V DC-to-6V DC reference design for AI data center rack power, aiming to improve efficiency and power density. The platform combines Microchip's digital power control and security tech with Navitas' GaNFast gallium nitride power devices, aligning with the Open Compute Project 800V DC standard. The solution includes hardware, software, and design docs to speed up development of AI infrastructure.

Navitas Semiconductor (NVTS) won a US Army contract to develop 10 kV silicon carbide power semiconductors, advancing its ultra-high-voltage technology. The company's Q2 revenue grew 22% sequentially to $10.5M, with high-power markets up over 50% YoY. NVTS expects Q3 revenue of $13M-$14M. The Army program could expand its market and strengthen its high-power position, but the stock trades at a premium to peers.

Navitas Semiconductor acquired Claros for $3.5B in 2030 market potential, targeting AI data-center power chips. Infineon completed its acquisition of C2i Semiconductors for AI data-center power systems, enhancing its digital-power technology.

Navitas Semiconductor completed its acquisition of Claros on Oct. 6, 2026, integrating Claros' IVR technology. The deal expands Navitas' 2030 serviceable addressable market to over $8B, adding $3.5B from VPD/IVR markets. The combined technologies target AI infrastructure and hyperscaler engagements. Navitas will host a webinar on Oct. 20 to discuss the integration.

Navitas Semiconductor (NVTS) completed its acquisition of Claros, Inc., adding integrated voltage regulator (IVR) technology to its portfolio. This expands Navitas' AI infrastructure offerings from grid to xPU, aiming to address power efficiency bottlenecks. The company expects the deal to double its 2030 serviceable addressable market to over $8 billion. Navitas will host a webinar on October 20, 2026, to discuss the acquisition and technology.

Navitas Semiconductor (NVTS) stock rose 2.93% after the U.S. Army selected the company for the ALATTIS program to develop 10 kV silicon carbide power semiconductors. The stock has gained momentum, trading between $12.40 and $12.90. NVTS reported $45.9M in revenue but has negative margins. The company also invested $5M in Magnachip, acquiring 1.5M shares. The ALATTIS win and Magnachip investment provide strategic validation for NVTS.

Navitas Semiconductor (NVTS) received early termination of the HSR waiting period for its acquisition of Claros, as posted by the FTC. The company's shares rose 4% following the announcement. The deal was initially revealed last month.

Lumentum (LITE) and Navitas Semiconductor (NVTS) are key players in the AI data center market. LITE reported a 109% revenue surge in Q4 2026, driven by demand for optical components. NVTS saw a 22% sequential revenue increase in Q2 2026, with growth expected through 2027. LITE shares rose 150% YTD, outperforming NVTS's 64.3% gain. LITE's forward P/S is 11.66X, lower than NVTS's 48.08X. Both are overvalued, according to Zacks.

Navitas Semiconductor received a US government contract to develop 10 kV SiC chips. The ALATTIS program, sponsored by the Army Research Laboratory, aims to create a new domestic manufacturing process for these power semiconductors. Navitas will utilize its proprietary TAP architecture and PiN diode technologies.

Navitas Semiconductor (NVTS) received a US Army award to develop 10 kV silicon carbide power chips for military use. The ALATTIS project aims to create a domestic manufacturing process for these high-voltage components. Navitas will use its patented technologies and iterative design methods to validate the process. The Army Research Laboratory sponsors the work to advance high-power electronics for defense and infrastructure.