Navitas Buys Claros for $233M to Complete Grid-to-xPU Power Chain for AI
Navitas plans to acquire Claros to complete its grid-to-xPU power chain with VPD & IVR tech for AI data centers, doubling its 2030 market to over $8B.
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Navitas Stock Surges as Nvidia MGX AI Deal Goes Live at COMPUTEX
Navitas Semiconductor surged following a release detailing its collaboration with NVIDIA on data center racks, but analysts remain skeptical.
Wolfspeed and Navitas Surge as Vicor Raises Guidance and Huawei Unveils Chip Design
Wolfspeed and Navitas shares rise after Vicor boosts guidance and Huawei unveils its LogicFolding chip design, triggering a rally in Chinese semiconductor stocks like SMIC.
Citrini Research Sparks Massive Rally in Wolfspeed Shares
Wolfspeed shares jumped after a report said AI demand boosts its power chips. Other chip stocks also rose sharply.
Poet Technologies Surges as CFO Confirms Marvell Order & Blasts Short Sellers as “Maggots”
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.