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Navitas Shares Jump as Chipmaker Pivots to AI Data‑Center Power

Investor optimism reflects a pivot toward higher‑power markets despite declining revenue.

Overview

  • The stock has risen more than 40% since early January and nearly 200% over the past year, according to Yahoo Finance.
  • Navitas is redirecting its focus from lower‑power, lower‑margin products to data centers and industrial electrification.
  • The company announced a collaboration with Nvidia in May 2025 to develop higher‑voltage data‑center architecture, with the financial impact yet to be disclosed.
  • Navitas remains unprofitable and reported declining revenue in its most recent earnings update as it executes the shift in strategy.
  • The company sells both GaN and SiC power chips touted for efficiency gains, with industry estimates citing a multi‑trillion‑dollar data‑center capex opportunity by 2030.