Navitas: A Leader In GaN Technology For The Data Center [Seeking Alpha]
Navitas Semiconductor Corporation (NVTS)
Company Research
Source: Seeking Alpha
The company has a $1.25 billion pipeline of upcoming production programs, indicating strong momentum and expansion into key sectors. GaN technology can enhance the efficiency and density of power supplies in data centers, presenting a significant opportunity for Navitas. In my September 6, 2023, Seeking Alpha article entitled Navitas: GaN Will Grow Faster Than SiC So Buy The Pullback , I addressed the advantages of Gallium Nitride ("GaN") chips as alternatives to the more familiar Silicon Carbide ("SiC"). I noted that Navitas ( NASDAQ: NVTS ) had reported revenue of $18.06 million, which was up an impressive 109.8% YoY. The company provided its outlook for 3Q 2023, with net revenues expected to increase to $21 million. Indeed, 3Q total revenue grew to $22 million, a 115% increase. As of August 2023, over 125 million GaN and 12 million SiC units have been shipped. Navitas Semiconductor reported at its Investor Day 2023 a $1.25 billion pipeline (Chart 1) of upcoming productio
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NVTS
News
- Navitas Is A Tremendous Bargain With Great Growth Potential [Seeking Alpha]Seeking Alpha
- Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit Keynote [Yahoo! Finance]Yahoo! Finance
- Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit KeynoteGlobeNewswire
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024 [Yahoo! Finance]Yahoo! Finance
- Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024GlobeNewswire
NVTS
Earnings
- 2/29/24 - Beat
NVTS
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/3/24 - Form 144
- NVTS's page on the SEC website