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Navitas Stock Soars 47% After NVIDIA Partnership Announcement

5/29/2025

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Story summary
  • Navitas Semiconductor's stock skyrocketed by 47.39% to $6.50 following an exciting partnership with NVIDIA aimed at creating cutting-edge power solutions for AI data centers. This collaboration centers on an innovative 800V high-voltage architecture, promising greater efficiency and cost savings. Analysts are buzzing about Navitas's pivotal role in the booming AI infrastructure market, drawing in eager investors.