Navitas Semiconductor Shares Surge on Nvidia Collaboration

MT Newswires Live

2025/05/22

Navitas Semiconductor (NVTS) shares more than doubled in after-hours trading Wednesday after the company said its technology was chosen by Nvidia (NVDA) for its 800 V HVDC architecture to support Kyber rack-scale systems powering its graphics processing units.

GaNFast and GeneSiC power technologies were selected to support Nvidia's GPUs such as Rubin Ultra, Navitas Semiconductor said Wednesday in a statement.

Nvidia shares fell 0.3% in after-hours trading.

Price: 5.23, Change: +3.32, Percent Change: +173.83

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