Navitas Semiconductor (NASDAQ: NVTS) stock hit an all-time low of $1.52 per share in April, down 92% from its peak in November 2021. The chipmaker missed long-term revenue forecasts, expecting $308 million in 2024 but only generating $83 million. Despite a recent surge to $6, questions remain about sustainability after a new data center deal with Nvidia. Navitas makes GaN and SiC power chips for EV chargers, data centers, and more. Its revenue dropped in 2024 and the first half of 2025 due to dissolved partnerships and market challenges. Top customers include Dell, Lenovo, Samsung, Xiaomi, BYD, and Changan. Revenue metrics declined in 2025, with forecasts suggesting further drops in 2026 before a potential recovery in 2027. Navitas’ deal with Nvidia won’t boost immediate revenues, with mass production of chips expected in 2027. Analysts predict revenue declines for 2025 and 2026, with a potential surge in 2027. Despite high valuations and optimistic expectations, caution is advised for potential investors as challenges lie ahead for Navitas Semiconductor.

Read more at Yahoo Finance: Is Navitas Semiconductor Stock a Buy Now?