GaNFast and GeneSic technologies
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Navitas (NVTS) Jumps to All-Time High on Launch of Chip to Support Next-Gen AI
Yahoo Financeยท 2025-10-16 14:32
Core Insights - Navitas Semiconductor Corp. (NASDAQ: NVTS) has reached an all-time high due to the launch of a new semiconductor technology that supports Nvidia Corp.'s 800-volt direct current (VDC) system for next-generation AI applications [1][3]. Stock Performance - In intra-day trading, NVTS stock peaked at $15.43 before closing at $15.16, reflecting a 20.60% increase for the session [2]. Technology Launch - Navitas introduced its GaNFast and GeneSic technologies, which offer high power density, efficiency, and scalability for the 800 VDC system [3]. Industry Context - The President and CEO of Navitas emphasized the importance of advanced GaN and SiC power solutions in supporting the transformation of AI infrastructure, particularly for next-generation data centers [4][5].