Navitas Semiconductor Soars 146% On NVIDIA Partnership For AI Power Systems

Shares of Navitas Semiconductor Corp NVTS surged 21.9% to $5.37 on Tuesday morning, extending a 146% rally over the past week. The sharp rise follows the company's announcement of a strategic collaboration with NVIDIA Corp to develop an 800V high-voltage direct current (HVDC) architecture designed to power next-generation AI data centers.

What To Know: Navitas, a producer of gallium nitride and silicon carbide power semiconductors, will contribute its GaNFast™ and GeneSiC™ technologies to NVIDIA's Kyber rack-scale systems, which are built to power AI GPUs like the Rubin Ultra.

Navitas says the new 800V HVDC setup promises significant efficiency improvements over traditional 54V systems, enabling a 5% boost in power efficiency, a 70% drop in maintenance costs and lower cooling requirements.

Per the company, their architecture eliminates bulky, low-voltage copper wiring, supporting scalable and efficient power delivery critical for AI workloads requiring gigawatt-scale power.

Analysts responded positively, with Rosenblatt Securities raising its price target for NVTS from $4 to $6 and maintaining a Buy rating.

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How To Buy NVTS Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Navitas Semiconductor’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, NVTS has a 52-week high of $5.25 and a 52-week low of $1.52.