“`html
Key Facts on Navitas Semiconductor
Who: Navitas Semiconductor (NASDAQ: NVTS) announced a partnership with Nvidia.
What: Navitas is a power semiconductor company that focuses on gallium nitride (GaN) and silicon carbide (SiC) technologies for applications including data centers, electric vehicles (EVs), and solar sectors.
When: The partnership was announced on May 21, 2025, and the stock has seen significant growth since then, trading at $7.78 as of the latest close, up over 200% from $2-$3 per share last year.
Where: The technology is expected to address critical power and cooling issues within data centers, which consume 10 to 50 times more energy than typical commercial buildings. A large data center can use up to 5 million gallons of water daily.
Key Numbers/Data: The market for GaN and SiC technologies is projected to be worth $2.6 billion by 2030. Navitas stock volatility is indicated by a 60-month beta of 3.03, meaning it may move three times as much as the S&P 500.
“`
