Navitas Semiconductor

NVTS

Market cap $5.94B

Navitas Semiconductor (NVTS) reported earnings 30 days ago. What's next for the stock?

Navitas Semiconductor NVTS has become one of the hottest stocks in the semiconductor space. Shares of the power-chip specialist surged more than 19% yesterday after the company showcased its collaboration with NVIDIA NVDA, adding fuel to a rally that has already pushed the stock up by more than 330% year to date.

NVIDIA's NVDA endorsement sent shares of Marvell Technology MRVL and Navitas Semiconductor NVTS soaring yesterday. Marvell stock surged after NVIDIA CEO Jensen Huang called the company the "next trillion-dollar company" at the Computex conference in Taipei.

Navitas Semiconductor Corp (NASDAQ:NVTS) shares are trading higher on Wednesday after the company announced a new collaboration tied to next-gen AI data-center power delivery.

Navitas Semiconductor (NASDAQ:NVTS) shares surged roughly 26% on Wednesday after the company highlighted its participation in Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)'s partner ecosystem at a major industry event in Taipei, drawing investor attention to its role in next-generation AI data center power architectures. The company participated in Nvidia's Partner Ceremony held on May 29, 2026, at the Taipei Nangang Exhibition Center.

TORRANCE, Calif., June 03, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), an industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, was honored to participate in NVIDIA's Partner Ceremony held on May 29th, 2026, at the Taipei Nangang Exhibition Center. The event brought together key ecosystem partners supporting the NVIDIA AI Factory MGX™ platform, highlighting industry collaboration to accelerate the development of next-generation AI data centers powered by emerging 800 VDC rack architectures.

Navitas surged 61% in May due to AI-related catalysts and growing optimism over its end markets. The bulls are currently winning the debate over the stock, as momentum builds and Wall Street continues to upgrade expectations for Navitas' growth.

Navitas' 250% YTD surge has it trading at 104.75x forward P/S. AI infrastructure momentum is real, but shares look priced for perfection.

Navitas has soared 249% YTD, and its lofty valuation now demands clear follow-through as it scales high-power AI data-center revenue.

NVTS touts new GaNFast 20kW and 10kW AI power boards plus GeneSiC grid demos as data centers shift to higher-voltage DC.