Shares of Navitas Semiconductor (NASDAQ: NVTS) jumped 83.5% in the first half of 2025 due to a partnership with Nvidia (NASDAQ: NVDA) to develop 800-volt high voltage direct current (HVDC) data centers for AI applications. These data centers aim to reduce conversion steps, increase efficiency, and lower maintenance costs by up to 70%. Navitas Semiconductor’s silicon carbide and gallium nitride (GaN) chips play crucial roles in the new architecture. With sales expected to grow by 50% and 40% in 2026 and 2027, investors are eyeing a promising future for Navitas Semiconductor.

Read more at Yahoo Finance: Why Nvidia Partner Navitas Semiconductor Surged in the First Half of 2025