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Navitas Semiconductor Makes Strategic Shift
Navitas Semiconductor (NASDAQ: NVTS) is shifting its focus towards high-margin sectors such as AI data centers and performance computing. The company’s partnership with Nvidia involves developing solutions for 800V high-voltage direct current data centers, expected to launch in 2027.
In November 2023, shares of Navitas declined by 35.1% as market concerns about a potential bubble in AI capital expenditure intensified, particularly affecting smaller-cap companies like Navitas.
Despite this drop, there is currently no indication of a slowdown in AI and data center investments, and Navitas anticipates significant profitability contributions from its new focus in 2027.
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