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Navitas Semiconductor (NVTS) Stock News, Nov 2022-Jan 2023

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Navitas Semiconductor Corporation develops next-generation power semiconductors built around gallium nitride and silicon carbide technologies. Its GaNFast power ICs integrate GaN power, drive, control, sensing and protection functions, while GeneSiC devices serve high-voltage SiC power applications. Company updates frequently address AI data centers, performance computing, energy and grid infrastructure, industrial electrification, e-mobility, telecommunications and fast-charging markets.

Recurring Navitas news covers financial results, the company’s shift toward high-power markets, product platforms such as DC-DC power delivery boards, technology licensing and supply-chain partnerships, and governance changes including finance leadership and board appointments.

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Navitas Semiconductor (Nasdaq: NVTS) is set to showcase its advancements in gallium nitride (GaN) and silicon carbide (SiC) technologies at the 25th Annual Needham Growth Conference on January 11, 2023. The company aims to highlight a significant $22 billion market opportunity and environmental benefits, including a potential 6 Gton/year CO2 reduction. Senior executives, including CEO Gene Sheridan and CFO Ron Shelton, will participate in discussions, emphasizing their role as a pure-play semiconductor leader focusing on environmentally friendly power solutions.

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Navitas Semiconductor (Nasdaq: NVTS) announced its participation at CES 2023 with the launch of “Navitas Presents:”, a speaker series showcasing next-generation GaN power ICs. The event will feature industry leaders, including Anker, OnePlus, Spigen, and Ugreen, discussing advancements in fast charging and sustainable technology. This initiative highlights the importance of GaN technology in enhancing device performance and efficiency while promoting sustainability. The event runs from January 5-8, 2023, in Las Vegas, NV.

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Navitas Semiconductor (Nasdaq: NVTS) will debut its Planet Navitas exhibit at CES 2023, showcasing next-generation power semiconductor technologies including gallium nitride (GaN) and silicon carbide (SiC). The event highlights innovations aimed at sustainable electrification across various sectors, targeting a $22B annual market. Key attractions include live presentations on power solutions, gaming experiences with rapid charging technology, and opportunities to win prizes including a Tesla. Navitas emphasizes its leadership in GaN and SiC markets, projecting significant CO2 savings by 2050.

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Navitas Semiconductor has been recognized as the 75th fastest-growing company in North America according to the 2022 Deloitte Technology Fast 500™. The company continues its mission to "Electrify Our World™" and has announced participation in three investor conferences. Key dates include December 6th with China Renaissance, December 7th with Fubon Securities, and December 8th with CICC. Navitas is a leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, supporting various markets including EV and data centers.

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Navitas Semiconductor has announced its advanced GaNFast™ power ICs are utilized in Xiaomi's ultra-fast chargers for the Redmi Note 12 Pro+ and Redmi Note 12 Explorer. The 210 W charger can achieve a full charge in just 9 minutes, while the 120 W charger fully charges in 19 minutes. This innovation enhances the smartphone's performance and charging capabilities. The collaboration highlights the effectiveness of Navitas' GaNFast technology in high-density power solutions. The company continues to lead in power semiconductor advancements, focusing on eco-friendly products.

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Navitas Semiconductor (Nasdaq: NVTS) announced its participation in a Taiwan Investor Meeting on December 7, 2022. The company, a leader in gallium nitride (GaN) and silicon carbide (SiC) technologies, is taking share from traditional silicon chips in a $22 billion market. Recently ranked 75th on the Deloitte Technology Fast 500™, Navitas will host a presentation, fireside chat, and networking session during the event. Interested investors can register via the link provided. 

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Navitas Semiconductor has been ranked the 75th fastest-growing company in North America by Deloitte Technology Fast 500™. This growth supports their mission to “Electrify Our World™”. The company, a leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, will participate in two significant investor conferences: the Wells Fargo TMT Summit on November 29, 2022, and the Barclays Global Technology Conference on December 7, 2022. Key executives including Gene Sheridan, Ron Shelton, and Stephen Oliver will represent the company.

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Navitas Semiconductor (Nasdaq: NVTS) will present at the virtual Wide Bandgap Event from November 29 to December 2, focusing on advancements in GaN and SiC technologies. The event showcases the company’s GaNSense™ ICs and GeneSiC MOSFETs that enhance motor drive efficiency and foster innovation in high-power systems. With projected savings of up to 6 Gtons/yr in CO2 emissions by 2050, these technologies target a $22B/year market. Attendees include key industry players from sectors like EV and renewable energy.

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Navitas Semiconductor (Nasdaq: NVTS) announced that its GaNSense™ half-bridge power ICs won the 'Best-in-Show' award from Embedded Computing Design at electronica 2022, the world's largest power electronics trade fair.

This award recognizes the innovation and market impact of the GaNSense ICs, which integrate two GaN FETs to reduce component count and footprint by over 60%. The products cater to diverse applications, shipping millions of units weekly for fast chargers and home appliances.

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FAQ

What is the current stock price of Navitas Semiconductor (NVTS)?

Navitas Semiconductor (NVTS) last closed at $8.397.

What is the market cap of Navitas Semiconductor (NVTS)?

The market cap of Navitas Semiconductor (NVTS) is approximately $2.2B.