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Navitas Semiconductor Corp
Navitas Semiconductor has registered an additional 35 million shares of Class A common stock under its 2021 Equity Incentive Plan. This action is part of the company's annual share reservation pursuant to its evergreen provisions, with a total offering value of $415.1 million based on a price of $11.86 per share.…more
Navitas Semiconductor Corp
Navitas Semiconductor has registered 2,395,762 shares of its Class A common stock to be issued upon the exercise of assumed stock options following its acquisition of Claros, Inc. This registration covers the conversion of Claros's outstanding unvested stock options under the 2024 Equity Incentive Plan into rights to purchase Navitas common stock.…more
Navitas Semiconductor Corp
Navitas Semiconductor completed the acquisition of Claros, Inc. on October 6, 2026, integrating its IVR technology into Navitas' existing power semiconductor portfolio. This acquisition enables Navitas to offer a comprehensive 'Grid-to-xPU' power delivery solution for AI infrastructure. The company expects the transaction to more than double its 2030 serviceable addressable market (SAM) to over $8 billion.…more
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Navitas Unveils Next-Generation Ultra-High-Voltage SiC Power Module for AI Infrastructure…more
Navitas Semiconductor has launched a new 2300V ultra-high-voltage SiC power module designed to enhance efficiency in AI data centers and grid infrastructure. While the product represents a technical advancement, the lack of specific revenue-generating contracts warrants a neutral outlook.…more
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Navitas Semiconductor announced it will report its third quarter 2026 financial results after the market close on November 3, 2026. Management will host a conference call to discuss the company's performance and business outlook.…more
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Navitas Semiconductor has developed a 24 kW power delivery board in collaboration with NVIDIA to support next-generation AI infrastructure. While the solution improves power efficiency by simplifying conversion stages, no specific financial terms or revenue impact were disclosed.…more
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