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NVTS
NASDAQ Technology

Navitas, EPFL Unveil 250kW Solid-State Transformer for AI Data Centers

feedReported by GlobeNewswire
Sentiment info
Positive
Importance info
7
Price
$9.1
Mkt Cap
$2.051B
52W Low
$1.52
52W High
$17.79
Market data snapshot near publication time

summarizeSummary

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.


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