Power Integrtns Stock Price, News & Analysis
Company Description
Power Integrations, Inc. (NASDAQ: POWI) operates in the semiconductor and related device manufacturing industry, focusing on high-voltage power conversion. According to company disclosures, it designs, develops and markets analog and mixed-signal integrated circuits (ICs) and other electronic components used in high‑voltage power converters. These components convert electricity from a high‑voltage source into the type of power required for specific downstream uses in a wide variety of electronic systems.
The company’s ICs and related circuitry are used in power converters found in electronic products such as mobile phones, computing and networking equipment, appliances, electronic utility meters, battery‑powered tools, industrial controls, home‑automation devices and Internet of Things (IoT) applications including networked thermostats, power strips and security devices. Available information also notes that Power Integrations generates a significant portion of its revenue from customers in China and Hong Kong.
High-voltage power-conversion focus
Power Integrations describes itself as a leading innovator in semiconductor technologies for high‑voltage power conversion. Its products are characterized as key building blocks in the clean‑power ecosystem, supporting the generation of renewable energy and the efficient transmission and consumption of power. Company materials emphasize that its technologies address applications ranging from milliwatts to megawatts, indicating coverage from low‑power consumer devices up to high‑power industrial and infrastructure systems.
The firm highlights gallium‑nitride (GaN) technology under the PowiGaN™ brand as an important part of its portfolio. It states that it is the only supplier with high‑voltage 1250 V and 1700 V GaN switches in volume production, and that it has shipped more than 175 million GaN switches for end products spanning fast chargers, data centers and electric vehicles (EVs). These GaN‑based devices are positioned for applications that require high efficiency, high power density and operation at elevated voltages.
Key technologies and product platforms
Within its high‑voltage power‑conversion focus, Power Integrations references several named technology platforms and IC families:
- PowiGaN™ gallium‑nitride switches, including 1250 V and 1700 V devices, used in high‑voltage applications such as next‑generation AI data centers and EV systems.
- InnoSwitch™3‑AQ flyback power‑supply ICs, which incorporate PowiGaN switches and are used in designs such as auxiliary power supplies for solar race cars.
- InnoMux™2‑EP ICs, referenced as a solution for auxiliary power supplies in 800 VDC data centers, integrating a 1700 V PowiGaN switch and supporting high‑efficiency operation.
In a published white paper, the company outlines the benefits of its 1250 V and 1700 V PowiGaN technology for 800 VDC power architectures in AI data centers. It describes performance advantages of a single 1250 V PowiGaN switch compared to stacked 650 V GaN FETs and 1200 V silicon‑carbide (SiC) devices in terms of power density and efficiency. The company also notes that its PowiGaN devices are designed to meet efficiency requirements above 98% for the 800 VDC architecture.
End markets and applications
Based on company statements and financial disclosures, Power Integrations serves multiple end markets through its high‑voltage ICs and related components. These include:
- Consumer applications such as appliances, mobile devices and home‑automation or IoT products.
- Industrial applications, including industrial controls and broader industrial power‑conversion uses.
- Communications and computing, including computing and networking equipment and data‑center infrastructure.
- Automotive and electric transportation, where its GaN technologies are highlighted for high‑voltage, high‑efficiency power conversion.
- Renewable and clean‑power systems, where its products support renewable‑energy generation and efficient power transmission and consumption.
The company’s revenue mix disclosures group its business into communications, computer, consumer and industrial end markets. Management commentary in earnings releases notes growth in the industrial category and a focus on high‑voltage opportunities including GaN, grid modernization, electric transportation and data centers.
Role in AI data centers and electrification
Power Integrations has publicly discussed its involvement in next‑generation AI data centers. It reports that it is collaborating with NVIDIA on 800 VDC power architectures and that it has detailed the capabilities of its 1250 V and 1700 V PowiGaN technologies for megawatt‑scale racks. The company positions these devices as suitable for main and auxiliary power supplies in 800 VDC data centers, citing efficiency, reliability and power density as key attributes.
Management commentary also links the company’s high‑voltage semiconductor technologies to broader themes of AI, electrification and decarbonization, indicating that these trends are increasing demand for high‑voltage semiconductors. Within this context, the company emphasizes its financial resources, its culture of innovation and its PowiGaN technology as factors that support its participation in these markets.
Corporate profile and stock information
Power Integrations is incorporated in Delaware, as disclosed in its SEC filings, and lists its principal executive offices in San Jose, California. The company’s common stock trades on Nasdaq under the ticker symbol POWI. SEC filings also show that the company has adopted equity‑based compensation plans, including an Amended and Restated 2016 Incentive Award Plan and a 2025 Inducement Award Plan, under which it grants restricted stock units (RSUs), performance stock units (PSUs) and performance restricted stock units (PRSUs) to employees and executives.
Financial statements filed with the SEC present the company’s results in line with U.S. GAAP and also include non‑GAAP measures that exclude items such as stock‑based compensation, amortization of acquisition‑related intangible assets and specified litigation‑related expenses, with reconciliations provided. Revenue is reported by end‑market mix, and the company discloses information on cash flows, balance‑sheet items and stockholders’ equity.
Leadership and governance developments
Recent company announcements describe changes and additions to the leadership team. Power Integrations has reported the appointment of a chief people and transformation officer, a new chief financial officer (effective upon commencement of employment) and a senior vice president for marketing and product strategy. These roles are described as supporting areas such as people strategy, organizational transformation, marketing, product strategy and financial stewardship. The company also disclosed an interim CFO appointment and subsequent transition back to a finance leadership role in connection with the CFO change.
These leadership updates are documented through press releases and associated Form 8‑K filings, which outline responsibilities, prior experience and, in some cases, the terms of employment and benefits agreements. The company notes that certain equity grants are made as material inducements to employment under Nasdaq Listing Rule 5635(c)(4).
Educational and outreach activities
Power Integrations has described outreach efforts that demonstrate how its technologies are used in demanding environments. For example, it has introduced a reference design kit (RDK‑85SLR) for solar‑powered race cars, featuring the InnoSwitch3‑AQ IC with PowiGaN technology. The kit is used to create a 46‑watt power supply suitable for auxiliary power in solar race cars and is associated with collaboration with a university solar‑car team. The company presents this as a way to help engineering students apply high‑efficiency power‑conversion technologies in practical designs.
Through such activities, Power Integrations illustrates the application of its high‑voltage ICs and GaN switches in specialized, high‑efficiency systems beyond conventional consumer and industrial products.
How investors use information about Power Integrations
Investors and analysts examining Power Integrations typically review its segment and end‑market revenue mix, adoption of GaN‑based products, and the company’s commentary on markets such as industrial, consumer, automotive and data center. SEC filings and earnings releases provide insight into revenue trends, gross margins, operating expenses, stock‑based compensation and share‑repurchase activity, as well as dividend declarations.
Because the company emphasizes its role in high‑voltage power conversion and clean‑power applications, some market participants also focus on how its technologies align with structural themes like renewable energy, electrification, AI‑driven computing and efficiency in data centers and transportation. Company‑provided non‑GAAP metrics, accompanied by reconciliations, are used by some investors as additional tools for analyzing underlying operating performance.