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Stock impact report

Power Integrations (POWI) Jumps 24% on Nvidia Partnership [Yahoo! Finance]

Power Integrations, Inc. (POWI) 
Last power integrations, inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.power.com
Company Research Source: Yahoo! Finance
Power Integrations bounced back from two days of losses on Monday, surging 24.57 percent to close at $43.15 apiece following news that it partnered with technology giant Nvidia Corp. to help accelerate the latter's 800-volt direct current (VDC) data center systems to power the next-generation artificial intelligence. Power Integrations Inc. (NASDAQ:POWI) showcased its 1,250-volt and 1,700-volt chips, which are able to handle Nvidia's high-power AI servers while maintaining energy efficiency above 98 percent. According to Power Integrations Inc. (NASDAQ:POWI), its single 1250-volt PowiGan switch delivers greater power density and efficiency compared with stacked 650-volt GaN FETs and competing 1200-volt SiC devices. It also introduced the InnoMux 2 EP chip, a unique solution for auxiliary power supplies in 800 VDC data centers, which supports 1,000-VDC input voltage. Power Integrations (POWI) Jumps 24% on Nvidia Partnership Copyright: demerzel21 / 123RF Stock Photo “With r Show less Read more
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