Key insights
- Navitas Semiconductor is showcasing its advanced 800V power delivery board at Nvidia's AI event in Taipei, targeting AI data centers. This innovation addresses critical power challenges in scaling AI workloads. While the company's stock has seen significant gains, analysis suggests it may be overvalued. The participation highlights the growing importance of specialized power solutions in the booming AI infrastructure sector, potentially benefiting companies involved in this supply chain.
TORRANCE, Calif. - Navitas Semiconductor (NASDAQ:NVTS) participated in Nvidia’s Partner Ceremony on May 29 at the Taipei Nangang Exhibition Center and is displaying its 800V-to-6V DC-DC power delivery board at Nvidia’s AI Factory MGX Ecosystem Showcase at COMPUTEX 2026 in Taipei through Thursday.
The power delivery board eliminates the traditional 48V intermediate bus converter stage within compute server trays, according to a company press release statement. The board contains 16 GaNFast FETs rated at 650V and 11 mOhms in DFN8×8 dual-cooled packages, targeting 97.5% peak efficiency at 1 MHz switching frequency and a power density of 2,100 W/in³.
The product is designed for use in 800 VDC rack architectures for AI data centers. The board’s profile is approximately 20% thinner than a mobile phone, allowing integration with GPU boards.Navitas shares have surged 335% over the past year to $25.86, giving the company a market capitalization of $6.21 billion. The stock has gained 262% year-to-date, though InvestingPro analysis suggests the shares are currently overvalued relative to its Fair Value estimate. For deeper insights into Navitas’ valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.
"As AI workloads continue to scale and drive unprecedented demand for compute, power delivery has become one of the most critical challenges in enabling next-generation gigawatt AI factories," said Chris Allexandre, president and CEO of Navitas.
Navitas manufactures gallium nitride and silicon carbide power semiconductors. The company’s GeneSiC silicon carbide solutions include 2,300V and 3,300V SiC power modules for solid-state transformers and Generation 5 technology 1,200V SiC MOSFETs for three-phase power supply units.
The event brought together partners supporting Nvidia’s AI Factory MGX platform. Navitas collaborates with Nvidia within the MGX ecosystem on power technologies for AI server infrastructure.
Navitas has over 300 patents issued or pending. The company is based in Torrance, California.
In other recent news, Navitas Semiconductor Corp announced the completion of its at-the-market stock offering, raising $122 million. The company entered into a Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC, allowing it to offer and sell up to $125 million of its Class A common stock. This development was detailed in a filing with the U.S. Securities and Exchange Commission. Additionally, Navitas Semiconductor reported its Q1 2026 financial results, revealing a revenue of $8.6 million, which exceeded the forecast of $8.18 million. However, the company’s earnings per share (EPS) showed a loss of $0.15, missing the expected loss of $0.05. Despite the EPS miss, the market responded positively to the revenue beat and the company’s strategic focus on high-power markets and AI infrastructure growth. These recent developments highlight Navitas Semiconductor’s active financial and strategic maneuvers.
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