Navitas Semiconductor Corp

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded on August 12, 2020 and is headquartered in Torrance, CA.

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Navitas Semiconductor excels in Q4, eyes revenue doubling in 2023

Navitas Semiconductor delivered strong financial performance in Q4 and full-year 2022, positioning for continued growth in 2023.
Despite challenges in the mobile market and program delays, the company's strategic strengths and opportunities signal long-term potential.
Focus on diversification, innovation, and partnerships is key to navigating market dynamics and driving future success.
With a solid financial position, expanding market opportunities, and improving margins, Navitas is poised for sustained growth and competitiveness.

Navitas Semiconductor Corp surpasses Q1 expectations, eyes growth in EV and industrial markets

Navitas Semiconductor Corp delivered strong Q1 results, highlighted by exceeding guidance and strategic advancements in key markets. The company's focus on next-generation products like GaN and silicon carbide positions it for future success. While facing challenges in maintaining competitive positioning, Navitas has opportunities to leverage its technology in high-growth sectors.

Navitas Semiconductor posts stellar Q2 results, eyes growth opportunities

Navitas Semiconductor reported strong Q2 performance with revenue growth, margin improvement, and a growing customer pipeline, underpinning its market position and growth prospects.
While facing challenges such as margin moderation and cost pressures, the company remains well-positioned to leverage opportunities in electric vehicles, renewables, and mobile markets.
With a focus on innovation and capacity expansion, Navitas is poised to capitalize on the increasing demand for its GaN and silicon carbide technologies, driving future revenue growth and market penetration.

Navitas Semiconductor achieves record Q3 earnings, poised for growth

Navitas Semiconductor Corp delivered exceptional financial performance in Q3 2023, marked by record revenues, improved gross margins, and a strong growth outlook for 2023.
Despite facing challenges in certain market segments and product transitions, the company's strategic focus on new technologies and market diversification positions it well for future growth and industry leadership.
With a robust product portfolio, key partnerships, and a solid financial foundation, Navitas is poised to capitalize on market opportunities, drive innovation, and maintain its growth trajectory in the semiconductor industry.

Navitas Semiconductor excels in Q4 earnings, eyes growth opportunities

Navitas Semiconductor delivered impressive financial results in Q4 2023, surpassing revenue guidance and achieving significant annual revenue growth, with a positive outlook for 2024.
The company's strengths in key markets, innovative technologies, and strategic partnerships position it well for future growth, despite facing challenges in maintaining margins and meeting revenue projections.
With a focus on GaN and silicon carbide technologies, balanced revenue growth across end markets, and opportunities in emerging sectors, Navitas Semiconductor is poised for continued success and market expansion.

Navitas Semiconductor Corp reports stellar Q1 growth, eyes future profitability

Navitas Semiconductor Corp delivered robust Q1 results with substantial revenue growth attributed to GaN technology adoption. While facing challenges in operational losses and moderated growth expectations for 2024, the company remains optimistic about future revenue prospects and profitability milestones. Navitas is strategically positioned to capitalize on market opportunities and drive continued innovation in GaN technology applications.

Navitas Semiconductor reports robust Q2 growth across key markets

Navitas Semiconductor Corp delivered strong Q2 results, meeting revenue guidance and showcasing a 40% year-on-year increase. The company's focus on GaN and silicon carbide technologies is driving growth across key markets, including AI data centers, electric vehicles, and mobile fast charging.
Despite facing challenges in a competitive industry landscape and operational complexities, Navitas' technological leadership, strong customer relationships, and strategic design wins position it for continued success. The company's emphasis on efficiency and innovation bodes well for future growth and market expansion.
Navitas Semiconductor has a range of opportunities to capitalize on, from expanding in the AI data center and electric vehicle markets to diversifying revenue streams in appliance and industrial segments. By leveraging its strengths and addressing challenges effectively, Navitas is poised to sustain its revenue growth and market leadership.

Navitas Semiconductor Corp achieves record Q3 revenue amidst market challenges

Navitas Semiconductor Corp's Q3 performance reflects strong revenue growth and strategic advancements in key markets. While facing near-term challenges, the company is focused on optimizing costs and capitalizing on growth opportunities in mobile, EV, and AI data centers. With a clear market focus and strategic partnerships, Navitas is poised for future growth.

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EL SEGUNDO, Calif., Nov. 17, 2021 /PRNewswire/ -- Navitas Semiconductor , the industry leader in GaN power integrated circuits ("ICs") and Anker Innovations , a global leader in fast-charging technology, announced the signing of a new strategic partnership.

Navitas and Anker Sign Strategic Partnership Deal for Next-Gen Mobile Fast Chargers

Jefferies analyst Mark Lipacis initiated coverage of Navitas Semiconductor Corp (NASDAQ:NVTS) with a Buy rating and $24 price target, implying a 22.6% upside.  Navitas' unique position as a supplier of highly integrated, low-cost, high-efficiency GaN-on-Si power chip charging solutions charge three times faster and 40% more efficiently than existing Si technology.

Why Are Navitas Semiconductor Shares Surging Today?

Jefferies bank sings the praises of an Irish semiconductor maker.

Why Navitas Semiconductor Stock Flew 15% Today

EL SEGUNDO, Calif., Nov. 12, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS, NVTSW), the industry-leader in GaN power integrated circuits (ICs) has announced that CEO and co-founder Gene Sheridan will be participating in a high-profile panel event at the ninth annual J.P.

Navitas CEO Inspires 'Beyond Silicon' in J.P. Morgan Global Tech Conference

Gallium nitride (GaN) positioned to replace legacy silicon chips in $13.1B mobile, consumer, EV, solar, and data center market opportunity Gallium nitride (GaN) positioned to replace legacy silicon chips in $13.1B mobile, consumer, EV, solar, and data center market opportunity

Navitas to Showcase Next-Gen Semiconductor Markets at Craig-Hallum Capital Group 12th Annual Alpha Select Conference

EL SEGUNDO, Calif., Nov. 5, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq:NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits ("ICs") has announced the launch of GaNFast™ power ICs with GaNSense technology.

Navitas Introduces Third Generation GaN Power IC with GaNSense™ Technology

EL SEGUNDO, Calif., Nov. 4, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq:NVTS), the industry-leader in gallium nitride (GaN) power integrated circuits ("ICs") has announced that it will take part in Baird's 2021 Global Industrial Conference on November 11 th.

Navitas Highlights Electrification Opportunities for Next-Gen Semiconductors at Baird Global Industrial Conference

Navitas wants to cozy up with smartphone giant Xiaomi.

Why Navitas Semiconductor Stock Jumped on Tuesday

EL SEGUNDO, Calif., Nov. 2, 2021 /PRNewswire/ -- Navitas Semiconductor, the industry leader in GaN power integrated circuits ("ICs") has announced that Dan KINZER, the company's co-founder and Chief Operating Officer / Chief Technology Officer, will host a keynote session at the IEEE WiPDA (Wide Bandgap Power Devices & Applications ) virtual workshop being held from November 7 th to 11th, 2021.

Navitas Keynote GaN Innovations at Prestigious Semiconductor Conference

EL SEGUNDO, Calif., Nov. 1, 2021 /PRNewswire/ -- Navitas Semiconductor, the industry leader in GaN power ICs, highlighted next-generation power and fast-charging advances at the 2021 Xiaomi Portfolio Demo Day, at the Xiaomi Tech Park, Beijing on October 24 th.

Xiaomi & Navitas Align on Future GaN Applications

EL SEGUNDO, Calif., Oct. 26, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS) today announced that it will report third quarter 2021 financial results after the market close on Tuesday, November 9, 2021.

Navitas Semiconductor to Report Q3 2021 Financial Results on Tuesday, November 9th, 2021

EL SEGUNDO, Calif. , Oct. 25, 2021 /PRNewswire/ -- Navitas Semiconductor (Nasdaq: NVTS), the industry-leader in GaN power integrated circuits, has announced its participation in the China Renaissance Investor Conference taking place on October 27 th – 29th (China time).

Navitas (Nasdaq:NVTS) Next-Gen Semiconductor Growth Highlighted at China Renaissance Investor Conference

EL SEGUNDO, Calif., Oct. 20, 2021 /PRNewswire/ -- Navitas Semiconductor ("Navitas"), the industry leader in GaN power ICs, began trading today on the Nasdaq Global Market under the ticker "NVTS".

News for Navitas Semiconductor Corp Stock (NVTS)