Navitas Semiconductor’s Strategic Shift
Navitas Semiconductor (NASDAQ: NVTS) shares surged 151% in the first half of 2026, as the company pivots from lower-margin power chips to high-growth markets including AI data centers and electrification. Analysts forecast that profitability will remain elusive until at least 2029.
The company is transitioning to gallium nitride (GaN) and silicon carbide (SiC) power solutions, targeting sectors such as energy infrastructure and high-performance computing. Despite facing challenges, including a revenue decline leading to losses, Navitas is positioned to benefit from partnerships, notably with Nvidia, for new data center architectures.
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