Navitas, EPFL Unveil 250kW Solid-State Transformer for AI Data Centers
NVTS has more than doubled off its 52-week low of $1.52.
Summary
Navitas Semiconductor, in collaboration with EPFL, announced the demonstration of a novel 250kW solid-state transformer (SST) solution for AI data centers at APEC 2026. This platform, which converts 3.3kV-AC to 800V-DC, leverages Navitas's GeneSiC™ 3300V and 1200V SiC MOSFETs. This development is significant as it showcases Navitas's technology in a high-growth, high-power application, aligning with the company's strategic pivot to advanced markets following recent revenue declines and a CFO departure. The successful demonstration could position Navitas as a key enabler for next-generation AI data center infrastructure, potentially driving future design wins and revenue growth. Investors should monitor further commercialization efforts and adoption rates within the data center industry.
At the time of this announcement, NVTS was trading at $9.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $1.52 to $17.79. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.