Navitas Semiconductor has the Nvidia seal of approval. The stock is surging. - MSN

Navitas Semiconductor surged following its partnership with NVIDIA, highlighting market optimism around its role in AI infrastructure. The company is contributing to NVIDIA’s MGX platform, showcasing ... Read original →

NVIDIA’s prominent showcase of Navitas at its MGX event in Taiwan, China signals a strategic pivot: GaN power ICs are no longer peripheral but central to AI data center architecture. This accelerates co-development pressure on TSMC and Infineon to deliver sub-3nm, EUV-compatible high-voltage power devices, forging a new 'compute-power' tech stack. Yet Navitas trades at 137x forward sales despite ongoing losses—a valuation dangerously detached from fundamentals. Any U.S. export control expansion targeting high-efficiency power modules would expose its fabless model’s supply chain fragility. Rivals like onsemi and Wolfspeed may counter by aligning with Intel or AMD to capture alternative AI infrastructure bids. Within 18 months, unless Navitas proves GaN’s irreplaceability in liquid-cooled, ultra-dense racks, investor euphoria will evaporate. AI power delivery isn’t hype—it’s the next efficiency arms race.