Core Insights - Navitas Semiconductor (NVTS) is enhancing its position in high-power markets through strategic partnerships aimed at solidifying its supply chain and expanding its global reach [1] Partnerships and Collaborations - In late November, Navitas Semiconductor expanded its partnership with WT Microelectronics in Asia, which will lead customer engagement and logistics to improve support for high-power customers in the region [2] - A long-term partnership with GlobalFoundries was announced in mid-November, focusing on the development and manufacturing of next-generation Gallium Nitride (GaN) power devices, with production expected in late 2026 [3] - The company is also coordinating with foundry partners like Taiwan Semiconductor Manufacturing Company and Powerchip Semiconductor Manufacturing Corporation to prepare mid-voltage GaN and high-voltage Silicon Carbide (SiC) products for future AI server and grid applications [4] Strategic Direction - These partnerships align with the "Navitas 2.0" strategy, which reallocates resources toward high-power customers, reduces focus on lower-margin mobile business, and enhances collaboration with hyperscalers, GPU vendors, and system OEMs [5] - The strategic partnerships are expected to strengthen the supply chain, improve customer access, and prepare for significant opportunities as high-power markets scale in 2026 and 2027 [6] Competitive Landscape - Navitas Semiconductor faces competition from Wolfspeed and ON Semiconductor in supplying high-voltage solutions for AI data centers, with Wolfspeed investing $3 billion in a new fab for SiC applications [7] - ON Semiconductor is expanding its SiC portfolio and has partnered with NVIDIA to advance 800 Volts DC power systems for next-generation AI data centers [8] Financial Performance - Shares of Navitas Semiconductor have increased by 142.9% year to date, outperforming the Zacks Electronics – Semiconductors industry's growth of 49.7% [9] - The company trades at a forward price-to-sales ratio of 49.3X, significantly higher than the industry's average of 7.92X [12] - The Zacks Consensus Estimate indicates that the loss per share for 2025 is expected to narrow to 21 cents from 24 cents in the previous year, with similar expectations for 2026 [15]