Key Highlights
- Shares of Navitas Semiconductor rallied 25% following partnership announcement with NVIDIA’s MGX™ Ecosystem
- Company revealed an 800V-to-6V DC-DC power board leveraging GaNFast technology at COMPUTEX 2026
- The solution achieves 97.5% peak efficiency operating at 1 MHz switching frequency
- Design features ultra-compact form factor—approximately 20% slimmer than a smartphone—and delivers 2,100 W/in³ power density
- Stock has climbed 262% year-to-date with market capitalization reaching $6.04 billion
Shares of Navitas Semiconductor (NVTS) surged up to 25% on Wednesday following the company’s announcement that it has joined forces with NVIDIA’s MGX™ Ecosystem to push forward 800 VDC infrastructure for artificial intelligence applications.
Navitas Semiconductor Corporation, NVTS
By midday trading, the stock held gains of approximately 19%, extending its impressive year-to-date rally to 262%.
On May 29th, Navitas attended NVIDIA’s Partner Ceremony at the Taipei Nangang Exhibition Center, officially joining a growing group of ecosystem collaborators working on the next wave of AI data centers utilizing 800 VDC rack infrastructure.
The highlight moment came during COMPUTEX 2026, held June 2nd to 5th in Taipei, where Navitas presented its 800V-to-6V DC-DC power delivery solution at NVIDIA’s AI Factory MGX™ Ecosystem Showcase.
This board eliminates the conventional 48V intermediate bus converter typically found in compute server trays—a strategic design approach that enables more compact and efficient server configurations.
Technical Specifications of the Power Board
The power delivery solution incorporates 16 GaNFast FETs with 650V, 11 mOhm ratings. It’s engineered to reach 97.5% peak efficiency while operating at a 1 MHz switching frequency and delivering 2,100 W/in³ power density.
To put the dimensions in perspective: the board measures roughly 20% thinner than a typical smartphone. This compact design represents a significant advantage in data center environments where space optimization and thermal management are perpetual concerns.
According to CEO Chris Allexandre, power delivery has emerged as “one of the most critical challenges in enabling next-generation gigawatt AI factories” as computational demands from AI workloads continue their upward trajectory.
In addition to its gallium nitride offerings, Navitas also provides silicon carbide solutions. The company’s GeneSiC SiC portfolio includes solid-state transformers utilizing 2300V and 3300V SiC power modules, alongside high-power three-phase power supply units powered by Generation 5 1200V SiC MOSFETs.
Stock Performance Metrics
Navitas trades with an average daily volume of approximately 30.3 million shares. The company’s market capitalization reached $6.04 billion as of Wednesday’s session.
Technical indicators point to a Buy rating, and the year-to-date gain of 262% positions NVTS among the top-performing semiconductor stocks in 2026.
With COMPUTEX continuing through June 5th, Navitas remains in the industry spotlight through week’s end.
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