Navitas rises on Nvidia collaboration for AI power board
13/10/2026 11:21
BUZZ-Navitas rises on Nvidia collaboration for AI power board
** Shares of Navitas Semiconductor Corporation NVTS.O rise 1.9% to $10.18 premarket
** Semiconductor company unveils 24-kilowatt, 800V-to-12V power delivery board developed with NVIDIA NVDA.O for next-generation AI data centers
** NVTS says the board targets 97% efficiency at full load and delivers power to an entire compute tray, reducing power losses and power delivery losses
** Co plans to showcase the board at OCP Global Summit 2026
** As of last close, NVTS up 39.92% YTD
(Reporting by Jayasree Prabhu)
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