Movement Alert|Navitas Semiconductor Rises 6.26% in Pre-Market Trading, NVIDIA 800V Power Architecture Partnership Continues to Boost Sentiment

Market Focus
Jun 03

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.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10