Welcome to our dedicated page for Navitas Semiconductor news (Ticker: NVTS), a resource for investors and traders seeking the latest updates and insights on Navitas Semiconductor stock.
Navitas Semiconductor Corporation (Nasdaq: NVTS) is a power semiconductor company focused on gallium nitride (GaN) power ICs and high-voltage silicon carbide (SiC) devices for high-power markets such as AI data centers, performance computing, energy and grid infrastructure, and industrial electrification. The company’s news flow reflects both its technology roadmap and its strategic transition toward these segments, which it refers to as “Navitas 2.0.”
On this page, readers can follow NVTS news related to product announcements, strategic partnerships, capital raises, and investor events. Recent press releases have highlighted ultra-high-voltage GeneSiC™ SiC MOSFET portfolios at 2300V and 3300V, packaging developments such as SiCPAK™ G+ power modules, and the introduction of the company’s AEC‑Plus reliability benchmark for SiC devices. Other updates describe collaborations with partners including GlobalFoundries on U.S.-based GaN technology and manufacturing, GigaDevice on a digital power joint lab, and distribution agreements with Avnet and WT Microelectronics.
Investors and industry observers can also track corporate developments such as private placements of common stock, at-the-market offering activity, leadership changes, and participation in technology and investor conferences. Earnings-related releases, including quarterly financial results and associated outlook commentary, provide additional context on how Navitas is reallocating resources toward high-power applications and adjusting its distribution network.
By reviewing the Navitas news feed, users can see how the company positions its GaNFast™ and GeneSiC™ platforms in emerging high-power markets, how it engages with ecosystem partners, and how its strategic focus evolves over time. This page offers a centralized view of NVTS announcements for those following developments in wide bandgap power semiconductors and related infrastructure markets.
Navitas Semiconductor (Nasdaq: NVTS) has appointed Ron Shelton as Senior VP, CFO, and Treasurer, succeeding interim CFO Todd Glickman, who remains SVP of Finance. Shelton, with vast experience in public company finance and over $2 billion in transaction experience, previously served as CFO for Adesto Technologies and GigOptix. His expertise in mergers, acquisitions, and strategic investments will support Navitas' growth initiatives in GaN power ICs. CEO Gene Sheridan expressed confidence in Shelton's capabilities as the company aims to enhance its leadership in the semiconductor sector.
Navitas Semiconductor Corporation (Nasdaq: NVTS) reported a 27% increase in Q1 2022 net revenues to $6.7 million, with a GAAP gross margin of 44%. However, the company faced a GAAP loss from operations of $35 million, up from a loss of $7.3 million in Q1 2021. Despite this, Navitas remains the leader in the GaN power IC market, announcing significant partnerships with major mobile OEMs. The company expects Q2 2022 revenues between $8.0 and $9.0 million while forecasting a doubling of total 2022 net revenues compared to 2021.
Navitas Semiconductor Corporation (NASDAQ: NVTS) reported Q1 2022 revenues of $6.7 million, marking a 27% increase from Q1 2021. While GAAP gross margin stood at 44.0%, the company faced a GAAP loss from operations of $35.0 million, up from $7.3 million in the previous year. The firm highlighted its leadership in the fast charger market, having shipped over 50 million units with zero GaN-related failures. Looking forward, revenues for Q2 are projected between $8.0 and $9.0 million, with full-year guidance indicating a potential doubling of revenues.
Navitas Semiconductor (Nasdaq: NVTS) has unveiled its next-generation GaNFast™ power ICs, featured in Lenovo's new Legion C135 charger. This charger, showcased on the Nasdaq Tower in Times Square, boasts a 135W rating and is 40% smaller than traditional chargers, achieving a 0-100% charge in just 65 minutes. GaN technology allows for faster charging and higher power density, with peak charging efficiency exceeding 92%. Lenovo highlights their collaboration with Navitas as a key to enhancing consumer charging experiences across their product lines.
Navitas Semiconductor (Nasdaq: NVTS) has announced its GaNFast technology is utilized in the TurboPower 68W charger for the motorola edge+ (2022). This charger enables users to charge over 50% of the device in just 15 minutes. The TurboPower 68W is compact and lightweight, measuring 58 x 41 x 28 mm, and features built-in protections for safe charging. GaN technology offers charging speeds up to 20x faster than conventional silicon chips, promoting efficiency and sustainability with each unit saving 4 kg of CO2 emissions.
Navitas Semiconductor (Nasdaq: NVTS) announces the launch of the NV6169, a high-power 650/800 V-rated GaNFast™ power IC designed for demanding applications like 4K/8K TVs, gaming systems, and solar microinverters. This technology boasts 20x faster speeds than traditional silicon, with significant energy savings and size reductions. The NV6169 features a 36% decrease in on-resistance, enhancing power output by 50%. With zero reported failures from over 50 million GaN chips shipped, the NV6169's robust design includes industry-leading ESD ratings and a 20-year warranty, targeting higher-power markets.
Summary not available.
Navitas Semiconductor (Nasdaq: NVTS) will report its first quarter 2022 financial results on May 12, 2022, after market close. A conference call will follow at 2:00 p.m. Pacific Time to discuss the results. Navitas specializes in gallium nitride (GaN) power ICs, which outperform traditional silicon chips by running up to 20 times faster, offering up to 3 times more power and energy savings while being more compact. The company has shipped over 40 million units with zero reported field failures, emphasizing quality and sustainability.
Navitas Semiconductor announced its next-gen GaNFast™ power ICs with GaNSense™ technology are now powering vivo’s X Fold smartphone's in-box 80W flash charger. The charger charges to 50% in 17 minutes and fully in 37 minutes, featuring dual USB-C outputs for simultaneous device charging. GaN technology allows for 3x faster charging and up to 40% energy savings compared to traditional silicon. Navitas aims for an efficient, environmentally-friendly future, saving 4 kg of CO2 for every GaN IC shipped.
Navitas Semiconductor (Nasdaq: NVTS) announced CEO Gene Sheridan will speak at the 36th CS MANTECH conference in Monterey, California, from May 9-12, 2022. His presentation, titled ‘GaN’s expected Impact on the Power Electronics Industry to Electrify Our World’, will address the transition from silicon to gallium nitride (GaN) technologies in power electronics. GaNFast™ ICs promise enhanced energy efficiency and reduced CO2 emissions, potentially saving over 10 million tons of CO2 annually in datacenters and accelerating EV adoption by 3 years.