Navitas Semiconductor (NVTS) shares have risen 41.8% in the past three months, outperforming the broader Zacks Computer and Technology sector’s return of 13.1%.Over the same time frame, it has also outperformed the Zacks Electronics- Semiconductors industry and its peers, including Alpha and Omega Semiconductor (AOSL) , Nova Ltd (NVMI) and Cirrus Logic (CRUS) . In the past three months, shares of AOSL have gained 25.5%, while NVMI and CRUS have lost 1% and 14%, respectively. The industry appreciated 39.1% i ...

Core Viewpoint - Navitas Semiconductor Corp. experienced a significant stock rally of 22.3% due to new product announcements, despite facing challenges from a slowdown in electric vehicle and infrastructure spending [1] Group 1: Company Overview - Navitas is a small-cap chip designer focused on power-efficient designs for electric vehicles, electric infrastructure, and AI data centers [1] - The company reported $21.6 million in revenue last quarter, with a $29 million operating loss, and anticipates a sequential decline in revenues for the fourth quarter [5] Group 2: New Product Launch - Navitas announced a range of new chipsets made from gallium nitride (GaN) and silicon carbide (SiC) at the Consumer Electronics Show (CES), which are known for their high conductivity and heat dissipation properties [2][3] - These new products are particularly aimed at applications in electric vehicles, infrastructure, and AI data centers, potentially leading to significant savings in power and heat management [3] Group 3: Market Reaction - The stock's rally may be influenced by the broader trend of rising interest in AI-related stocks, especially among smaller companies that serve the AI sector [4] - The enthusiasm for Navitas' stock may be speculative, as the recent buying activity in smaller AI stocks has been characterized as risky [5]

TORRANCE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation, power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced that Dr. Ranbir Singh, formerly Executive Vice President at Navitas and the founder and CEO of GeneSiC Semiconductor, has been appointed to Navitas’ board of directors.  “We are pleased to welcome Ranbir to the board of directors,” said Gene Sherid ...

Last August, I initiated my coverage on Navitas Semiconductor (NASDAQ: NVTS ) with a buy rating due to its leading technological position in the emerging GaN power semiconductor industry. While the stock is down 11% since myAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring ...

Core Insights - Navitas Semiconductor is a leading company in the next-generation power semiconductor industry, focusing on gallium nitride (GaN) power ICs and silicon carbide (SiC) technology [1][4] - The company is celebrating its 10th anniversary, having been founded in 2014, and has over 300 patents issued or pending [4] - Navitas is the first semiconductor company to achieve CarbonNeutral® certification [4] Upcoming Investor Conferences - MESH Ventures Investor Call is scheduled for December 2, 2024, featuring CEO Gene Sheridan and CFO Todd Glickman [2] - Needham 27th Annual Growth Conference will take place on January 14-15, 2025, with opportunities for 1-on-1 meetings and a fireside chat on January 15 [3]

TORRANCE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) has announced that the company’s revenue growth has been acknowledged for the third consecutive year, by Deloitte’s Technology Fast 500™. Navitas growth was driven by strong demand for its advanced, high-efficiency, wide-bandgap gallium nitride (GaN) and silicon carbide (SiC) power components, across a growing number of global markets and customers. Now in its 30th year, the Deloitte Technology Fast 500 provides a rank ...

Navitas Semiconductor (NVTS) shares have plunged 77.9% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s return of 25.7%.Over the same time frame, it has also underperformed the Zacks Electronics- Semiconductors industry and its competitors like Broadcom (AVGO) , Astera Labs (ALAB) and Cirrus Logic (CRUS) . On a YTD basis, shares of AVGO, ALAB and CRUS have returned 47.7%, 39.4% and 21.1%, respectively. The industry appreciated 32.1% in the same time frame.This underperf ...

TORRANCE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced participation in the upcoming Roth conference in New York.  13th Annual Roth Technology ConferenceNovember 19th & 20th 20251-on-1 meetings with Todd Glickman, CFO, and Stephen Oliver, VP Investor Relations.Hard Rock Hotel New York – 159 W 48th St, ...

Navitas Semiconductor Corporation (NVTS) has been on a downward spiral lately with significant selling pressure. After declining 25.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spot ...

LAFOX, Ill. and TORRANCE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (Nasdaq: RELL) and Navitas Semiconductor (Nasdaq: NVTS) announced today an expanded distribution partnership for next-gen silicon carbide (SiC) power semiconductors for Europe, the Middle East, and Africa (EMEA). Navitas is the only pure-play, next-generation power-semiconductor company and industry leader in next-generation GeneSiC™ silicon carbide (SiC) and GaNFast™ gallium nitride (GaN) power semiconductors. ...