Navitas Semiconductor Corporation (NASDAQ:NVTS) has expanded its partnership with Avnet to become a globally franchised distribution partner. Avnet will provide technical and commercial expertise for Navitas’ GaNFast/GaN and GeneSiC/SiC portfolios. The collaboration targets high-growth sectors like AI data centers and renewable energy to accelerate the adoption of advanced power designs globally.

The partnership between Navitas and Avnet aims to provide energy-efficient solutions for high-power applications in various industries. Avnet’s engineering depth will help drive the adoption of Navitas’ GaN and SiC platforms as industries transition to more advanced power designs.

Navitas Semiconductor Corporation (NASDAQ:NVTS) designs, develops, and markets power semiconductors globally. The company’s focus on advanced power designs positions it well in high-growth sectors like AI data centers and renewable energy.

While Navitas (NVTS) shows promise as an investment, some AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore opportunities in Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Is Navitas (NVTS) One of the Best Emerging Technology Stocks to Invest In?