Yahoo Finance·2025-12-29 16:05Group 1: Industry Overview - The artificial intelligence (AI) industry is projected to be a significant investment opportunity by 2026, according to analysts at Bank of America [1] - Global data center capacity is expected to more than triple by 2030 compared to 2025, driven by increasing demand for AI [2] Group 2: Navitas Semiconductor - Navitas Semiconductor specializes in semiconductors for power conversion and charging, with a competitive advantage in energy efficiency [4] - The company has partnered with Nvidia to address the power demands of AI data centers, which has positively impacted its share price [5] - However, Navitas experienced a 53% decline in Q3 revenue, dropping from $21.7 million in 2024 to $10.1 million in 2025, due to exiting the mobile and consumer markets in China [6] - The company anticipates further revenue decline in Q4, projecting around $7 million, significantly lower than the $18 million generated in the previous year [7] Group 3: Astera Labs - Astera Labs focuses on connectivity solutions for AI servers and provides software tools for managing complex AI infrastructure [8] - The popularity of Astera Labs' products led to record Q3 revenue of $230.6 million, contrasting with Navitas' declining sales [9]