On June 3, Navitas Semiconductor surged 21.81% in regular trading, trading at $30.405/share, with trading volume of approximately $522 million.

On the news front, Navitas Semiconductor formally announced a collaboration with NVIDIA to accelerate 800V DC AI infrastructure deployment. NVIDIA published its next-generation 800V DC power architecture official partner list, with Navitas included as a leading GaN power semiconductor company, earning a critical endorsement for entry into future AI data center power infrastructure. The 800V architecture is considered a key upgrade to support next-generation AI accelerator power density requirements, with GB200/GB300 rack-level power consumption already exceeding 120kW, driving demand for a complete overhaul of the power conversion chain.

Additionally, the stock had previously declined sharply due to director Ranbir Singh selling over 3.72 million shares and weak Q1 results showing EPS losses expanding 66.7% to -$0.15 with revenue declining 38.66% YoY. The oversold rebound demand resonated with the partnership catalyst, jointly propelling the significant rally.

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