Navitas Semiconductor's Shift to High-Power AI Data Center Components
Navitas Semiconductor (NVTS) reported a 45% decline in 2025 full-year revenue to $45.92 million as it exited low-margin mobile chargers, but now focuses on high-power applications for AI data centers. The company is leveraging gallium nitride and silicon carbide to address thermal and efficiency challenges in power delivery, targeting a $3.5 billion market by 2030. Competitors include ON Semiconductor (ON) and Wolfspeed (WOLF).
Topics: AI data centers gallium nitride Navitas Semiconductor ON Semiconductor revenue performance semiconductor industry silicon carbide Wolfspeed