TORRANCE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced a collaboration with NVIDIA (NASDAQ:NVDA) on their next-generation 800 V HVDC architecture to support ‘Kyber' rack-scale systems powering their GPUs, such as Rubin Ultra, enabled by GaNFast™ and GeneSiC™ power technologies. NVIDIA's next generation of 800V DC architecture aims to establish high-efficiency, scalable power delivery for next-generation AI workloads, to ensure greater reliability, efficiency, and reduced infrastructure complexity. Today's existing

TORRANCE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced their latest 12 kW power supply unit (PSU) ‘designed for production' reference design for hyperscale AI data centers with high-power rack densities of 120 kW. The 12 kW PSU complies with Open Rack v3 (ORv3) specifications and Open Compute Project (OCP) guidelines. It utilizes Gen-3 Fast SiC MOSFETs, a novel ‘IntelliWeave™' digital platform, and high-power GaNSafe ICs configured in 3-phase interleaved TP-PFC and FB-LLC topologies to en

TORRANCE, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, will host an "AI Tech Night" event in Taipei, Taiwan, bringing together industry experts, supply chain partners, and technology developers for keynote speeches, demonstrations, and interactive discussions. The event will focus on how high-power GaNSafe™ and GeneSiC™ technologies are transforming AI data center infrastructure by overcoming efficiency and power density challenges to meet the growing power demands of AI and hyperscale data centers. Nav

TORRANCE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced the appointment of Cristiano Amoruso to the company's board of directors, effective immediately. Mr. Amoruso most recently served as Chief Executive Officer of Suniva, Inc., the largest private U.S.-based manufacturer of solar photovoltaic semiconductors, and as a partner at Lion Point Capital, L.P., a global investment firm. He is an accomplished investor with significant operating expertise and a strong track record of value creat

GaN expected production ramp in new mainstream markets in AI data centers, solar micro-inverters and EV over next 12 monthsGaN sets industry benchmark with over 250M shipped and 100ppb field reliabilitySiC sets industry benchmark with reliability exceeding AEC standards and ultra-high voltage 2.3kV to 6.5V, with expansion into commercial EVs TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the first quarter ended March 31, 2025. "Our first quarter

TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, introduces a new level of reliability to meet the system lifetime requirements of the most demanding automotive and industrial applications. Navitas' latest generation of 650 V and 1200 V ‘trench-assisted planar' SiC MOSFETs combined with an optimized, HV-T2Pak top-side cooled package, delivers the industry's highest creepage of 6.45 mm to meet IEC-compliance for applications up to 1200V. Navitas' HV-T2Pak SiC MOSFETs significantly incr

TORRANCE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced a new family of GaNSense™ Motor Drive ICs targeting home appliances and industrial drives up to 600 W. Specifically designed for motor drive applications, this fully integrated solution combines two GaN FETs in a half-bridge configuration with drive, control, sensing, and autonomous protection. Compared to legacy silicon IGBT solutions, this results in a 4% higher efficiency, 40% PCB footprint reduction, and 15% lower system cost. Ke

Richard Hendrix Appointed Chair of the Board Executive Steering Committee Formed to Advance Growth Strategy TORRANCE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced actions by its board of directors to advance the company's growth strategy. These corporate governance enhancements reflect the board's ongoing commitment to stockholder engagement and value creation for all Navitas stakeholders. "We have taken an important step forward by strengthening our corporate governance and further

TORRANCE, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, will be exhibiting several GaN and SiC breakthroughs in AI data centers, EVs, motor drives, and industrial applications at PCIM 2025 (6th – 8th May, 2025). PCIM is the leading exhibition for power electronics, intelligent motion, renewable energy, and energy management. Visitors are invited to visit the "Planet Navitas" booth (Hall 9, Booth #544) to learn about Navitas' mission to ‘Electrify our World™' by advancing the transition from legacy sil

TORRANCE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report first quarter 2025 financial results after the market close on Monday, May 5th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2025 Financial Results Conference Call and Webcast Information:When: Monday, May 5, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (888) 596-4144 or (646) 968-2525, Conference ID: 2033529Live Webcast: https://edge.media-server.com/mmc/p/tz

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TORRANCE, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced the appointment of Cristiano Amoruso to the company's board of directors, effective immediately. Mr. Amoruso most recently served as Chief Executive Officer of Suniva, Inc., the largest private U.S.-based manufacturer of solar photovoltaic semiconductors, and as a partner at Lion Point Capital, L.P., a global investment firm. He is an accomplished investor with significant operating expertise and a strong track record of value creat

TORRANCE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) the only pure-play, next-generation, power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced that Dr. Ranbir Singh, formerly Executive Vice President at Navitas and the founder and CEO of GeneSiC Semiconductor, has been appointed to Navitas' board of directors.  "We are pleased to welcome Ranbir to the board of directors," said Gene Sheridan, Chairman, President and CEO. "Ranbir has led the industry with over 20 years of SiC innovation as the founder and CEO of GeneSiC; and 8 years prior to that at Wolfspeed (formerly Cre

TORRANCE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, and SHINRY, global industry leader of on-board power supply and strategic supplier to Honda, Hyundai, BYD, Geely, XPENG, BAIC and many more leading automobile manufacturers, announced the opening of an advanced, joint R&D power laboratory to accelerate the development of New-Energy Vehicle (NEV) power systems enabled by Navitas' GaNFast™ technology. Next-gen gallium nitride (GaN) is replacing legacy silicon power chips due to superior high-f

TORRANCE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, announced the appointment of Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of Navitas' 2023 annual report on Form 10‑K expected at the end of February. Chou will report to Gene Sheridan, President and CEO, and will replace Ron Shelton, Senior Vice President, CFO and Treasurer, who announced his intention to pursue other opportunities effective March 15, 2024. Following the Form 10-K filing

EL SEGUNDO, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry-leader in gallium nitride (GaN) power ICs, announced the appointment of Ron Shelton as Senior VP, CFO and Treasurer. In parallel, interim CFO, Todd Glickman, will continue in his integral role as SVP of Finance. "We welcome Ron to the team as he brings rich experience as a public-company CFO in semiconductors, in M&A and other strategic transactions which will be invaluable in our mission to become the leading next-generation power-semiconductor company," said Gene Sheridan, Navitas CEO and co-founder. "Additionally, I would like to thank Todd for his support and leadership through Navit

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GaN expected production ramp in new mainstream markets in AI data centers, solar micro-inverters and EV over next 12 monthsGaN sets industry benchmark with over 250M shipped and 100ppb field reliabilitySiC sets industry benchmark with reliability exceeding AEC standards and ultra-high voltage 2.3kV to 6.5V, with expansion into commercial EVs TORRANCE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the first quarter ended March 31, 2025. "Our first quarter

TORRANCE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report first quarter 2025 financial results after the market close on Monday, May 5th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2025 Financial Results Conference Call and Webcast Information:When: Monday, May 5, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (888) 596-4144 or (646) 968-2525, Conference ID: 2033529Live Webcast: https://edge.media-server.com/mmc/p/tz

GaN revenue up over 50% to record highDesign-wins of $450 million with highest growth rates in Data Center and EVStrong balance sheet and continued expense management to accelerate profitability TORRANCE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2024. "I am proud of our team's efforts to deliver growth in 2024, despite significant headwinds with an industry-wide slow-down in some major markets," sa

TORRANCE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report fourth quarter and full year 2024 financial results after the market close on Monday, February 24th, 2025. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q4 and Full Year 2024 Financial Results Conference Call and Webcast Information:When: Monday, February 24, 2025Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 9791990Live Webcast

Record sales in GaN mobile fast-charger marketNew, low-voltage GaN technology enters 48V AI data center, EV and robotics marketsStrategic partnership with Infineon Technologies enables customer dual sourcingStreamlined market focus and cost structure improve path to profitability TORRANCE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced unaudited financial results for the third quarter ended September 30, 2024.  "I'm pleased to announce record sales in the mobile fast-charger market

TORRANCE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report third quarter 2024 financial results after the market close on Monday, November 4th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q3 2024 Financial Results Conference Call and Webcast Information:When: Monday, November 4, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 2158932Live Webcast: https://edge.media-server.com

Q2 revenue and gross margin at higher end of guidanceFirst-half revenue up nearly 40% year-on-yearImportant AI data center advances in power systems roadmap to support Hopper, Blackwell, Blackwell Ultra and Rubin processor platforms TORRANCE, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the second quarter ended June 30, 2024. "We are pleased with our Q2 results at the high end of our guidance, major new design wins, and significant technology advances and launches," said Gene Sheridan, CEO and co-founder. "Our leading- edge technology is fueling r

TORRANCE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS) today announced that it will report second quarter 2024 financial results after the market close on Monday, August 5th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q2 2024 Financial Results Conference Call and Webcast Information:When: Monday, August 5, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. EasternToll Free Dial-in: (800) 715-9871 or (646) 307-1963, Conference ID: 6394013Live Webcast: https://edge.media-server.co

Q1 revenue up 73% year-on-year, driven by continued GaN adoption in mobile fast chargers and AI-based data centers, and SiC sales in EV, solar and industrial applications.New GaNSlim™ technology expected to advance GaN-based systems' integration, ease-of-use, time-to-market, and manufacturability, which enable lower system costs compared to silicon-based solutions.   TORRANCE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the first quarter ended March 31, 2024. "I am very pleased with our first quarter revenue growth of over 70% from the prior year,

TORRANCE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (NASDAQ:NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC technology, today announced that it will report first quarter 2024 financial results after the market close on Thursday, May 9th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening. Navitas Q1 2024 Financial Results Conference Call and Webcast Information:When: Thursday, May 9th, 2024Time: 2:00 p.m. Pacific / 5:00 p.m. East

Morgan Stanley downgraded Navitas Semiconductor from Equal-Weight to Underweight and set a new price target of $1.50

Jefferies downgraded Navitas Semiconductor from Buy to Hold and set a new price target of $4.00 from $10.00 previously

Northland Capital initiated coverage of Navitas Semiconductor with a rating of Market Perform

Morgan Stanley initiated coverage of Navitas Semiconductor with a rating of Equal-Weight and set a new price target of $9.20

Rosenblatt initiated coverage of Navitas Semiconductor with a rating of Buy and set a new price target of $15.00

Needham initiated coverage of Navitas Semiconductor with a rating of Buy and set a new price target of $16.00

B of A Securities initiated coverage of Navitas Semiconductor with a rating of Neutral and set a new price target of $20.00

Deutsche Bank initiated coverage of Navitas Semiconductor with a rating of Buy and set a new price target of $22.00

Jefferies initiated coverage of Navitas Semiconductor with a rating of Buy and set a new price target of $24.00

Baird initiated coverage of Navitas Semiconductor with a rating of Outperform and set a new price target of $22.00

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