On June 3, Navitas Semiconductor rose 6.26% in pre-market trading, trading at $28.44/share, with trading volume of approximately $14.68 million.

On the news front, NVIDIA recently announced its next-generation 800V DC power architecture official partner list, with Navitas Semiconductor included as a leading GaN power semiconductor company. This partnership provides a significant endorsement for the company to enter future AI data center power infrastructure. The 800V architecture is considered a critical upgrade to support next-generation AI accelerator power density requirements, as GB200/GB300 rack-level power consumption has exceeded 120kW, creating comprehensive upgrade demand across the entire power conversion chain.

The stock had previously declined sharply due to a director selling over 3.72 million shares, weak Q1 results with EPS losses widening 66.7% year-over-year, and dilution pressure from a planned $125 million stock issuance. The NVIDIA partnership news has provided fundamental support, attracting technical buying interest and driving a rebound from oversold levels.

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