On June 2, Navitas Semiconductor rose 6.52% in regular trading, trading at $26.12/share, with trading volume of approximately $74.44 million.

On the news front, NVIDIA recently announced its next-generation 800V DC power architecture official partner list, and Navitas Semiconductor, as a leading gallium nitride (GaN) power semiconductor company, was included. 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, with GB200/GB300 rack-level power consumption already exceeding 120kW, driving comprehensive upgrade demand across the entire power conversion chain.

The stock had previously undergone consecutive declines due to director share sales of over 3.72 million shares and ongoing profit-taking pressure following a cumulative gain exceeding 75% in May. The NVIDIA partnership catalyst provided fundamental support, attracting technical buying interest and reversing the recent downtrend.

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