On November 3, Navitas Semiconductor Corp rose 8.7% in Regular Trading, trading at $8.5613/share, with turnover of $17.9411 million.

The move coincided with investor focus on the company’s recent expansion in AI data-center power and high-voltage silicon carbide, alongside the completed Claros acquisition.

Recent developments include cooperation with NVIDIA on an 800V-to-12V power conversion board for next-generation AI infrastructure, a joint 800V DC-to-6V reference design with Microchip targeting up to 96% peak efficiency, and the launch of a new ultra-high-voltage silicon carbide full-bridge module family for grid storage and solar inverters. Navitas also completed its Claros acquisition, adding integrated voltage regulator technology for AI data centers and expanding its long-term addressable market to more than $8 billion, while the market awaits the company’s latest earnings release for evidence of commercialization progress.

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