Navitas Semiconductor, a leading third-generation semiconductor gallium nitride (GaN) power IC manufacturer, announced that it has made progress in AI infrastructure power chips developed in partnership with NVIDIA, and its stock price soared after hearing the news.

Barron’s reported that Navitas CEO Chris Allexandre said in a statement later on the 13th that as NVIDIA promotes the transformation of AI infrastructure, the company will provide the efficiency, scalability and reliability required for next-generation data centers through advanced gallium nitride (GaN) and silicon carbide (SiC) power solutions.

Navitas stated that the latest device allows NVIDIA to smoothly obtain the 800-volt power required for next-generation AI systems. This design can directly power IT cabinets without the need for additional converters.

According to Navitas, its advanced 800V high-voltage direct current transmission (HVDC) architecture designed for AI data centers can not only improve efficiency and scalability, but also reduce copper usage.

Navitas soared 26.08% on the news on the 14th, closing at $12.57, setting a new closing high since January 11, 2022.

Navitas announced in May 2025 that it had received orders from NVIDIA, causing its stock price to surge by 164.4% on May 22.

Further reading: Navitas breaks into NVIDIA supply chain! High-voltage DC architecture is expected to become a trend in AI data centers