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Navitas Semiconductor Corporation (NVTS) filed an 8-K to inform investors that its sole supplier of gallium nitride (GaN) wafers, Taiwan Semiconductor Manufacturing Company (TSMC), will cease GaN production in July 2027. In response, Navitas is accelerating supply-chain diversification.
The company disclosed an expanded collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC). Key milestones are:
- Q4 2025: qualification of initial devices on PSMC wafers
- H1 2026: start of mass production of 100 V GaN products
- Next 12-24 months: full transition of 650 V GaN devices from TSMC to PSMC
Navitas is also identifying and qualifying additional suppliers to further diversify its wafer sources and improve operational flexibility. The company believes the multi-vendor strategy will reduce single-source risk ahead of TSMC’s exit. No financial metrics, capacity commitments, or cost implications were provided in the filing. The information was furnished under Item 7.01 (Regulation FD) and is therefore not deemed “filed” for liability purposes.
Investors should weigh the strategic positives of diversification against the execution risks of qualifying new foundry partners within the stated timeframe.
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