Welcome to our dedicated news page for Navitas Semiconductor Corporation (Ticker: NVTS), a resource for investors and traders seeking the latest updates and insights on Navitas Semiconductor Corporation .
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Navitas Semiconductor (NVTS) will report Q4 and full year 2023 financial results on February 29th, 2024, followed by a conference call and webcast for the financial analyst community. The event will take place at 2:00 p.m. Pacific / 5:00 p.m. Eastern. Investors and analysts can access the call via toll-free dial-in or live webcast, with a replay available on the company's Investor Relations website.
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Navitas Semiconductor (NVTS) is showcasing next-gen GaN and SiC power semiconductors at APEC 2024 to address a $22B/yr market and promote the vision of a fully-electrified planet. The company invites visitors to experience 'Planet Navitas' and emphasizes the role of GaN and SiC technology in enabling solutions for fully-electrified housing, transportation, and industry. Major technology updates and releases include GaNSafe, Gen-4 GaNSense Half-Bridge ICs, Gen-3 Fast SiC power FETs, and breakthrough bi-directional GaN for motor drive and energy-storage applications. APEC 2024 will take place at the Long Beach Convention & Entertainment Center from February 26th – 28th, with the 'Planet Navitas' exhibition featured at booth #1353.
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Navitas Semiconductor (Nasdaq: NVTS) and SHINRY have announced the opening of an advanced joint R&D power laboratory to accelerate the development of New-Energy Vehicle (NEV) power systems enabled by Navitas' GaNFast™ technology. The joint lab aims to combine leading-edge GaN technology with innovative system-design skills and engineering talent to enable unprecedented high power density, lightweight, efficient designs that translate to faster charging and extended range, with faster time-to-market. This collaboration is expected to result in more efficient, higher power density, more reliable, and cost-effective power systems for NEVs, contributing to the vigorous growth of the new energy industry.
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Navitas Semiconductor (NVTS) appoints Janet Chou as new CFO, replacing Ron Shelton. Chou brings extensive financial leadership experience from global semiconductor companies, including Western Digital and NXP Semiconductors. She will take over upon the filing of Navitas' 2023 annual report on Form 10-K.
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Navitas Semiconductor (NVTS) has reported a 65% increase in its customer pipeline, reaching $1.25 billion, with a target to grow 6x-10x the market rate. The company's financial performance has been exceptional, with revenues up over 100%, leading to recognition by Deloitte as one of the fastest-growing companies in North America for the second consecutive year. Navitas is a pure-play, next-generation power semiconductor company and an industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology. The company has also announced its participation in upcoming investor conferences, showcasing its rapid expansion of technology, customer pipeline, and customer relations.
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Navitas Semiconductor (Nasdaq: NVTS) announces a 65% increase in its customer pipeline to $1.25B, with a target to grow 6x-10x more than the market rate. The company held an Opening Ceremony and 2023 Investor Day at its new headquarters in Torrance, CA, showcasing significant growth, financial results, and future expansion plans.
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Navitas Semiconductor (Nasdaq: NVTS) will participate in a virtual Taiwan Investor Meeting to review next-gen GaN & SiC technology, customer pipeline, and financial outlook. CEO Gene Sheridan and CFO Ron Shelton will discuss recent product, manufacturing, application, and market developments, including a customer pipeline update. The company's mission is to accelerate the planet’s transition from fossil fuels to renewable energy sources with GaNFast™ power ICs and GeneSiC™ power devices. The virtual meeting is scheduled for Wednesday 13th December at 8:30pm US Eastern / Thursday 14th at 9:30am in Taiwan, hosted by MESH Managing Partner, Edward Chyau.
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Navitas Semiconductor (Nasdaq: NVTS) will participate in CES 2024, showcasing their next-generation GaN and SiC technology. The company was recently awarded Forbes’ Top 50 America’s Most Successful Small Companies. Navitas’ GaNFast™ power ICs integrate GaN power, sensing, control, and advanced safety features in a single device. They will highlight new system platform designs for EV, solar, data center, mobile, and motor drive, featuring new product technology platforms including GaNSafe, GeneSiC Gen-3 Fast, and Gen-4 GaNFast Half-Bridge. The technology aims to improve the performance, efficiency, and adoption of mobile fast charging, EVs, solar, energy storage, home appliance/industrial, and AI data center power. Navitas invites visitors to discover how GaN and SiC technology can lead to increased portability, longer range, faster charging, and grid-independence, while also focusing on reducing carbon footprint by saving over 6 Gtons/yr CO2 by 2050.
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Navitas Semiconductor (Nasdaq: NVTS) collaborates with NIO, a leading new-energy vehicle maker, to release the NIO Phone featuring GaNFast™ technology for fast charging. The smartphone boasts a 66 W GaNFast charger, Qualcomm Snapdragon 8 Gen 2 chip, 6.81-inch 2K variable refresh-rate curved screen, and seamless integration with smart EVs through NIO Link panoramic-interconnection technology.
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Navitas Semiconductor (NVTS) secured the 49th position on Forbes' 2024 America's Successful Small Companies list, based on strong demand for their advanced GaN and SiC power components. The company saw a 115% increase in revenue from Q3’22 to Q3’23. Navitas will host an in-person 2023 Investor Day to discuss new technology platforms, focus markets, customer testimonials, and financial outlook.
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Navitas Semiconductor Corporation
Nasdaq:NVTS
NVTS Rankings
NVTS Stock Data
792.66M
131.40M
27.76%
46.6%
12.15%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
TORRANCE
About NVTS
navitas semiconductor enables new classes of high frequency, high efficiency & high density power electronics by introducing the world’s first and fastest allgan™ power ics. headquartered in el segundo, california, usa with a highly successful and proven team of power semiconductor professionals, navitas has over 150 years of combined experience and more than 100 patents to date, and is dedicated to delivering significant end-customer value. navitas gan patents in core device, circuit, packaging and system technology complement extensive trade secrets, access to over $100m of r&d equipment, and ongoing r&d collaboration with the hughes research lab (hrl) for future power gan generations.