Short interest is high at 24%, but days to cover is just 1.2, so a major short squeeze is quite unlikely. The main pillar of my bull case is their shift to higher-margin data center power chips, like the 12 kW platform, which could be a fit for Nvidia's Blackwell/Rubin. Higher copper prices due to tariffs could be a tailwind for Navitas, pushing more customers to adopt their power chips.
Navitas' 370% rally and GaN innovations put it ahead of ON Semiconductor in the race for power efficiency dominance.
Navitas Semiconductor (NVTS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
NVTS trims costs, stays debt-free, and eyes GaN and SiC innovation to drive growth and reach EBITDA breakeven by 2026.
After a 246% rally in three months, NVTS is exhibiting strength in GaN and SiC tech but soft revenues and high P/S may stall momentum.
NVTS forges major alliances to drive GaN and SiC adoption across AI, EV charging and clean energy.
NVTS expands its GaN footprint with major mobile, EV and solar wins as 2024 revenues jump over 50% year over year.
Nvidia's high-voltage design disrupts legacy suppliers, elevating previously hidden chipmakers to the forefront of the scalable AI data center ecosystem.
Navitas Semiconductor stock price surged from $2 to $8+ after announcing a collaboration with NVIDIA to improve power distribution in data centers. Trading volume increased dramatically, reaching up to 80x normal levels. Insiders have sold about 15 million NVTS shares, a quarter of their beneficial interest.
Navitas Semiconductor (NVTS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Navitas Semiconductor Corp. (NASDAQ: NVTS) has seen an impressive rise, with its stock price increasing nearly 300% from below $2 on May 22nd to over $8 currently. This substantial growth followed Navitas's announcement last month that Nvidia had selected the company to supply power for its next-generation artificial intelligence (AI) data center systems.