TORRANCE, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced the company will participate at the Morgan Stanley Technology, Media and Telecom Conference to be held at the Palace Hotel in San Francisco, CA. Navitas’ President and CEO, Chris Allexandre, is scheduled to host a fireside chat at 12:20 p.m. Pacific Time on Tuesday, March 3, 20 ...

Accelerating strategic pivot to Navitas 2.0 with focus on GaN and high-voltage SiC solutions targeting high growth, high-power markets (AI Data Centers, Grid and Energy Infrastructure, Performance Computing and Industrial Electrification) totaling $3.5 billion serviceable available market (SAM) in 2030High-power markets represented majority of quarterly revenue for the first time in the Company’s history with mobile declining to less than 25%Anticipates a return to top-line sequential growth beginning in t ...

Core Viewpoint - Navitas Semiconductor has expanded its distribution agreement with Avnet, making Avnet a globally franchised strategic distribution partner to support high-growth markets such as AI data centers, performance computing, energy and grid infrastructure, and industrial electrification [1][2]. Group 1: Partnership Details - The expansion of the partnership with Avnet is part of Navitas' strategy to consolidate its distribution network and enhance its channel presence globally [2][4]. - Avnet will provide technical and commercial expertise for Navitas' GaN and SiC high-voltage and high-power semiconductor devices, which are crucial for the growth of various high-power markets [3][5]. Group 2: Market Focus - The collaboration aims to support the increasing demand in sectors like AI data centers, renewable energy, grid infrastructure, and industrial electrification, aligning with the global trend towards electrification and energy efficiency [3][5]. - The partnership is expected to leverage Avnet's regional expertise and global reach, ensuring consistent technical support and fast access to Navitas products worldwide [4][5]. Group 3: Company Background - Navitas Semiconductor specializes in next-generation power semiconductors, particularly in gallium nitride (GaN) and silicon carbide (SiC) technologies, with a focus on innovation in high-performance applications [6]. - The company holds over 300 patents and is recognized as the first semiconductor company to achieve CarbonNeutral certification, highlighting its commitment to sustainability [6].

Core Insights - Navitas Semiconductor has strengthened its strategic partnership with WT Microelectronics to enhance technical and supply chain services for GaN and SiC power devices in Asia [1][2]. Group 1: Partnership Details - The partnership involves Navitas consolidating its franchised distributor base while WT allocates expanded technical and commercial resources to better support AI data centers, performance computing, energy and grid infrastructure, and industrial electrification customers [2]. - WT will lead customer engagement and design-in activities, supported by robust regional logistics to ensure reliable product availability and fast delivery of Navitas products in Asia [3]. Group 2: Strategic Goals - Navitas aims to align its distribution network with high power growth markets to improve speed and quality of support, enhancing its ability to serve customers demanding advanced high-power and high-voltage solutions [4]. - WT's market expertise and distribution network are expected to accelerate the adoption of Navitas technologies in fast-growing segments while consolidating Navitas's distribution base in Asia [9]. Group 3: Company Overview - Navitas Semiconductor is a leader in next-generation power semiconductors, focusing on GaN and SiC technologies, and driving innovation across various sectors including AI data centers and industrial electrification [5]. - The company holds over 300 patents and is recognized as the world's first semiconductor company to achieve CarbonNeutral certification [5].

Core Insights - Navitas Semiconductor reported a total revenue of $10.1 million for Q3 2025, a significant decrease from $21.7 million in Q3 2024 and $14.5 million in Q2 2025 [8][19] - The company is undergoing a strategic pivot towards high-power semiconductor markets, focusing on AI data centers, performance computing, energy and grid infrastructure, and industrial electrification [2][7] - Non-GAAP gross margin for Q4 2025 is projected to be 38.5%, with net revenues expected to be around $7.0 million [5] Financial Performance - The GAAP loss from operations for Q3 2025 was $19.4 million, an improvement from a loss of $29.0 million in Q3 2024 and a loss of $21.7 million in Q2 2025 [8][19] - Cash and cash equivalents stood at $150.6 million as of September 30, 2025 [8] - Non-GAAP loss from operations for Q3 2025 was $11.5 million, compared to a loss of $12.7 million in Q3 2024 [8][20] Market Strategy - The company is reallocating resources to focus on higher-margin markets, moving away from low-power, lower-profit segments, particularly in the China mobile and consumer business [5][7] - Navitas has been recognized by NVIDIA as a power semiconductor partner for its next-generation 800V DC architecture, highlighting its leadership in GaN and high-voltage SiC technologies [8] - A new portfolio of 100V and 650V discrete GaNFast™ FETs has been introduced to support NVIDIA's AI factory power architecture [8] Future Outlook - The company anticipates a strategic shift that will enhance the scale and quality of its business, aiming to create long-term value for stakeholders [2][5] - The expected net revenues for Q4 2025 reflect the company's focus on transitioning to higher power revenue and customers [5]

Core Viewpoint - Navitas Semiconductor's GaN and SiC technologies have been selected to support NVIDIA's next-generation 800 V HVDC data center power infrastructure, which is designed to enhance power delivery for AI workloads and support 1 MW IT racks and beyond [1][15]. Group 1: Technology Collaboration - The collaboration between Navitas and NVIDIA focuses on the 800 V HVDC architecture, which aims to provide high-efficiency and scalable power delivery for AI workloads, improving reliability and reducing infrastructure complexity [2][4]. - Navitas' GaNFast™ and GeneSiC™ technologies will enable the powering of NVIDIA's GPUs, such as the Rubin Ultra, directly from the 800 V HVDC system [1][6]. Group 2: Advantages of 800 V HVDC - The existing data center architecture, which uses traditional 54 V in-rack power distribution, is limited to a few hundred kilowatts and faces physical limitations as power demand increases [3]. - The 800 V HVDC system allows for a reduction in copper wire thickness by up to 45%, significantly decreasing the amount of copper needed to power a 1 MW rack, which is crucial for meeting the gigawatt power demands of modern AI data centers [5][6]. - This architecture eliminates the need for additional AC-DC converters, directly powering IT racks and enhancing overall system efficiency [6][13]. Group 3: Performance and Efficiency - NVIDIA's 800 V HVDC architecture is expected to improve end-to-end power efficiency by up to 5%, reduce maintenance costs by 70% due to fewer power supply unit (PSU) failures, and lower cooling costs by connecting HVDC directly to IT and compute racks [13]. - Navitas has introduced several high-efficiency power supply units (PSUs), including a 12 kW PSU that meets 98% efficiency, showcasing the company's commitment to innovation in power delivery for AI data centers [12]. Group 4: Company Background - Navitas Semiconductor, founded in 2014, specializes in next-generation power semiconductors, focusing on GaN and SiC technologies for various markets, including AI data centers and electric vehicles [17]. - The company holds over 300 patents and is recognized for its commitment to sustainability, being the first semiconductor company to achieve CarbonNeutral® certification [17].