Why Navitas Semiconductor Stock Crashed in November

Core Viewpoint - The market has turned cautious on AI-related stocks, creating potential buying opportunities for investors [1][5][10] Company Overview - Navitas Semiconductor's shares declined by 35.1% in November, reflecting the market's negative sentiment towards AI-related stocks [2] - The company is pivoting towards AI and data center end markets, deprioritizing lower-margin projects to focus on high-power solutions [3][4] Market Concerns - The primary concern in the AI market is the fear that current capital investments may not yield sufficient productivity to sustain growth [7] - Historical trends indicate that while new technology investments may overshoot, there is typically an underlying growth trend that the market stabilizes on [7][8] Future Outlook for Navitas - There are no signs of a slowdown in the market, and Navitas is positioned as one of the few companies providing comprehensive solutions from silicon carbide semiconductors to gallium nitride chips [9] - Management anticipates significant contributions to profitability from their new focus by 2027 [9]