logo
Navitas stock soars 33% to 52-week high — what's driving the surge in this semiconductor star?

Navitas stock soars 33% to 52-week high — what's driving the surge in this semiconductor star?

Time of India6 days ago
Navitas Semiconductor's stock soared, reaching a 52-week high of $9.18 with a market cap of $1.75 billion, fueled by a partnership with NVIDIA and anticipation for upcoming earnings. Despite a Deutsche Bank downgrade, the stock price target increased, and a new board member was added. The stock jumped 28.5% simply by announcing the earnings date, hinting at positive expectations.
Tired of too many ads?
Remove Ads
Recent business news that boosted confidence
Tired of too many ads?
Remove Ads
The real trigger behind today's stock jump
What analysts and experts are saying
Upcoming earnings call info
About Navitas
FAQs
Navitas Semiconductor's stock price hit $9.18, the highest in 52 weeks — a big milestone for the company. The company now has a market cap of $1.75 billion. Just last week, the stock rose 15.67% and has jumped 90.73% in 6 months.In the last one year, Navitas stock has gone up by 68.49%, showing strong investor interest. Liquidity is strong with a current ratio of 5.61, meaning the company can easily pay short-term bills. However, experts warn that the stock may be overvalued at its current price. The beta is 3.01, meaning the stock is very volatile compared to the overall market, as per the Investing report.Shareholders approved all proposals at Navitas' 2025 annual meeting. Three directors were re-elected: Gene Sheridan, Ranbir Singh, and Cristiano Amoruso. KPMG LLP was approved again as the company's auditor for 2025, as per the reports.Navitas partnered with Powerchip Semiconductor to make 200mm GaN on silicon chips — this should boost performance in many tech products. It is also working with NVIDIA on 800V high-voltage direct current tech for AI data centers — a very big deal.Even though Deutsche Bank downgraded Navitas from Buy to Hold, it still raised the stock's price target because of the NVIDIA partnership.Navitas added Cristiano Amoruso to the board, who brings helpful experience as the company moves into AI, data centers, and EVs, as per the report by Investing.Strangely, Navitas stock jumped 28.5% in early morning trading just because it announced the date of its next earnings report — August 4th. No earnings results were shared yet — just the date — but the stock still exploded, as per The Motley Fool report.There might be rumors on Wall Street that the earnings will be better than expected. Most analysts expect a $0.05 per-share loss, but maybe some believe it'll beat that, as per the reports.Seaport Global upgraded Texas Instruments, a bigger rival in power chips, saying the inventory cycle is improving — this could be good news for Navitas too. Still, Navitas has lost money 4 of the past 5 years, and is expected to lose money for 4 more years. The Motley Fool's Stock Advisor says Navitas didn't make it into their top 10 stock picks right now.Navitas will report Q2 results on Aug 4, 2025, after markets close. The earnings call will be at 2:00 PM Pacific / 5:00 PM Eastern, and investors can listen live online. A replay will be posted on the company's Investor Relations site, as per the GlobeNewswire.Navitas is a power semiconductor company started in 2014, focused on GaNFast™ and GeneSiC™ tech for faster charging and energy savings. It works in key areas like AI data centers, electric vehicles, and mobile devices, as per the reports.The company has over 300 patents and is the first to offer a 20-year GaNFast warranty. Navitas is also the first semiconductor firm to be CarbonNeutral® certified, as stated by GlobeNewswire.Navitas stock jumped 33% due to strong investor excitement over its NVIDIA partnership, new tech developments, and upcoming earnings.Navitas has high growth potential but is still losing money, so experts are divided on whether it's a good buy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CM Naidu meets Indian High Commissioner in Singapore, investors
CM Naidu meets Indian High Commissioner in Singapore, investors

The Print

time8 hours ago

  • The Print

CM Naidu meets Indian High Commissioner in Singapore, investors

'Andhra Pradesh offers abundant opportunities for investment across multiple sectors,' said Naidu in an official release. He said that Andhra Pradesh is the most suitable destination for global investments, highlighting strengths in the green energy, electronics, ports, logistics and manufacturing sectors. Amaravati, Jul 27 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu, as part of his five-day visit to Singapore, met the Indian High Commissioner and several investors on Sunday and showcased the state's vast potential. The CM held talks with Indian High Commissioner Shilpak Ambule, who shared insights into Singapore's achievements in diverse areas, its robust economic growth and the effective public policies being implemented there. Naidu shared details of the state's newly introduced policies, aimed at attracting investments across various sectors. The state has set an ambitious target of producing 160 gigawatts of green energy, he added. He informed the High Commissioner that green hydrogen projects have already been launched in Visakhapatnam (in partnership with NTPC) and Kakinada. Under the India Quantum Mission, Andhra Pradesh is set to establish the country's 'first-ever Quantum Valley' in Amaravati, said Naidu, adding that global tech leader Google is setting up a data center in Visakhapatnam. Highlighting Andhra's industrial potential, the CM said Rayalaseema is ideal for defence and aerospace units and urged support to make the state a gateway for Singaporean investments. Ambule informed the CM that on several sectors, the Singaporean companies are exploring investment opportunities in Andhra Pradesh, including electronics, semiconductor manufacturing, shipbuilding, port operations, data centers and pharmaceuticals. According to the release, major Asia-Pacific firms headquartered in Singapore, including STT (ST Telemedia)–which specialises in digital infrastructure and data centers and Keppel Corporation–which operates in infrastructure, energy, and urban development have shown interest in investing in Andhra Pradesh. Similarly, Equinix, a global leader in data centers and internet connectivity services and PSA International-a port operating company and logistics firms have shown interest in investing in Andhra Pradesh. The meeting also focused on collaboration in fields such as artificial intelligence, startups, medical device research, and academic partnerships between universities in the southern state and Singapore. Andhra Pradesh Education Minister Nara Lokesh shared plans for expanding higher education institutions while Municipal Minister P Narayana presented state's housing schemes, inspired by Singapore's successful public housing model. Later, Naidu met the representatives from Surbana Jurong, a global urban infrastructure company who has shown interest in investing in Andhra Pradesh and invited them to join large-scale housing projects under the state's 'Housing for All' initiative. The CM explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. Similarly, Eversendai Engineering, a Malaysia-based construction firm, has shown interest in investing in Andhra Pradesh after its chairman Tan Sri Dato' AK Nathan met Naidu. They discussed plans to set up a state-of-the-art manufacturing factory and integrated training center in the state, with Visakhapatnam or Krishnapatnam shortlisted as possible locations. The proposed factory, spread over two lakh square meters, will aid nationwide product distribution, boost industrial growth, and create large-scale employment opportunities across Andhra Pradesh's emerging industrial zones, said the release. Eversendai also expressed interest in Amaravati's infrastructure projects and proposed a structural engineering training center with IIT Tirupati and IIIT Sri City as knowledge partners. PTI MS GDK KH This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

CM Naidu meets Indian High Commissioner in Singapore, investors
CM Naidu meets Indian High Commissioner in Singapore, investors

News18

time9 hours ago

  • News18

CM Naidu meets Indian High Commissioner in Singapore, investors

Amaravati, Jul 27 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu, as part of his five-day visit to Singapore, met the Indian High Commissioner and several investors on Sunday and showcased the state's vast potential. He said that Andhra Pradesh is the most suitable destination for global investments, highlighting strengths in the green energy, electronics, ports, logistics and manufacturing sectors. 'Andhra Pradesh offers abundant opportunities for investment across multiple sectors," said Naidu in an official release. The CM held talks with Indian High Commissioner Shilpak Ambule, who shared insights into Singapore's achievements in diverse areas, its robust economic growth and the effective public policies being implemented there. Naidu shared details of the state's newly introduced policies, aimed at attracting investments across various sectors. The state has set an ambitious target of producing 160 gigawatts of green energy, he added. He informed the High Commissioner that green hydrogen projects have already been launched in Visakhapatnam (in partnership with NTPC) and Kakinada. Under the India Quantum Mission, Andhra Pradesh is set to establish the country's 'first-ever Quantum Valley' in Amaravati, said Naidu, adding that global tech leader Google is setting up a data center in Visakhapatnam. Highlighting Andhra's industrial potential, the CM said Rayalaseema is ideal for defence and aerospace units and urged support to make the state a gateway for Singaporean investments. Ambule informed the CM that on several sectors, the Singaporean companies are exploring investment opportunities in Andhra Pradesh, including electronics, semiconductor manufacturing, shipbuilding, port operations, data centers and pharmaceuticals. According to the release, major Asia-Pacific firms headquartered in Singapore, including STT (ST Telemedia)–which specialises in digital infrastructure and data centers and Keppel Corporation–which operates in infrastructure, energy, and urban development have shown interest in investing in Andhra Pradesh. Similarly, Equinix, a global leader in data centers and internet connectivity services and PSA International-a port operating company and logistics firms have shown interest in investing in Andhra Pradesh. The meeting also focused on collaboration in fields such as artificial intelligence, startups, medical device research, and academic partnerships between universities in the southern state and Singapore. Andhra Pradesh Education Minister Nara Lokesh shared plans for expanding higher education institutions while Municipal Minister P Narayana presented state's housing schemes, inspired by Singapore's successful public housing model. Later, Naidu met the representatives from Surbana Jurong, a global urban infrastructure company who has shown interest in investing in Andhra Pradesh and invited them to join large-scale housing projects under the state's 'Housing for All" initiative. The CM explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. Similarly, Eversendai Engineering, a Malaysia-based construction firm, has shown interest in investing in Andhra Pradesh after its chairman Tan Sri Dato' AK Nathan met Naidu. They discussed plans to set up a state-of-the-art manufacturing factory and integrated training center in the state, with Visakhapatnam or Krishnapatnam shortlisted as possible locations. The proposed factory, spread over two lakh square meters, will aid nationwide product distribution, boost industrial growth, and create large-scale employment opportunities across Andhra Pradesh's emerging industrial zones, said the release. Eversendai also expressed interest in Amaravati's infrastructure projects and proposed a structural engineering training center with IIT Tirupati and IIIT Sri City as knowledge partners. PTI MS GDK KH view comments First Published: July 27, 2025, 22:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Former RBI Governor Raghuram Rajan isn't impressed by India's growth story; Here's what he thinks we're getting wrong
Former RBI Governor Raghuram Rajan isn't impressed by India's growth story; Here's what he thinks we're getting wrong

Economic Times

time10 hours ago

  • Economic Times

Former RBI Governor Raghuram Rajan isn't impressed by India's growth story; Here's what he thinks we're getting wrong

Agencies Former RBI Guv Raghuram Rajan "There is no room for another China." That's Raghuram Rajan's blunt assessment of India's industrial aspirations. In a recent interview with Frontline, the former RBI Governor made it clear that the world has changed. The conditions that allowed China to rise through mass manufacturing simply no longer labour is not the advantage it once was. Automation has moved into even the most basic factory roles. "What companies need now is people who can tend the machines, repair the machines—not those who do the manual work machines have replaced," Rajan said. In short, the manufacturing jobs India is chasing might already be to that the rise of protectionism. Countries are building domestic industries, shutting doors that were once open to global supply chains. "Everybody wants their own little manufacturing industry," Rajan said. India cannot expect to export its way to prosperity in this has been betting heavily on manufacturing as a way to absorb its young workforce. But Rajan cautions that the numbers just don't add up."We cannot expect that number of jobs in manufacturing," he said. Tariffs have gone up, production-linked incentives are scattered, and policies contradict themselves. For example, tariffs are applied not only to final goods but also to the intermediate goods needed to make them. "Then people complain, 'Oh, I can't make this effectively here because the intermediate goods are tariffed.'" This isn't just a policy hiccup. It signals a lack of strategic clarity. And without that, Rajan believes, manufacturing will remain a political slogan, not a real solution."Get a job wherever, create a job wherever you can." That, Rajan says, should be the guiding already commands a 4.5 percent share of global service exports. That includes everything from high-end software to back-end support. While these sectors can't employ everyone, they signal a clear competitive importantly, Rajan sees untapped potential in domestic, mid-skill service jobs—plumbers, drivers, technicians, healthcare workers. These jobs may not make headlines, but they could lift millions. All it takes is better skilling and targeted support. He also dismissed the idea that you need a strong manufacturing base to build high-end service sectors. "This canard, which is floated sometimes, that you need the manufacturing in order to do the associated services, is not necessarily true," Rajan said. Citing companies like Nvidia and Apple, he pointed out that design and innovation can flourish even when production is outsourced. The days of the free trade consensus are over. Rajan traced America's shift back to Trump and his economic advisers, who viewed trade deficits as signs of weakness. That thinking has stuck around. "Is he undermining the basis of US prosperity and its dominance of the post-Second World War economic system with this view? I think we are turning the tables on what worked," he said. Today, protectionist tariffs are not a blip. They are part of a permanent, structural shift in global politics. For India, it means the space to plug into global supply chains has shrunk. Trying to follow China's route now is like running for a train that already left the is growing at 6 to 6.5 percent a year. On paper, that sounds solid. But as Rajan points out, this pace is not enough to lift per capita income fast enough to avoid a demographic squeeze."We are the fastest-growing country in the G20," he said. "But also the poorest on a per capita basis. That has to change."Time is running out. India's young population won't stay young forever. If opportunities don't arrive soon, the demographic dividend could turn into a has long been vocal about the need for decentralisation. Giving more power to local governments, he argues, improves both accountability and outcomes."The village community can see when the funds transmitted from the State government or Central government are misspent or line the pockets of the village elite," he said. "State after state should give more power to the municipalities, to the villages. That will both enhance commitment to democracy but also allow for better governance."He contrasted this with the Centre's tendency to prioritise flashy schemes without follow-through. "We announce a campaign, but never actually determine whether it's working. It becomes an announcement rather than effective rollout."Rajan criticised the growing trend of suppressing inconvenient data or changing methodologies to suit political needs. That, he warned, is a recipe for bad policy."Suppressing data eventually hurts the government itself," he said. "Your critics are sometimes your best friends because they will identify what's going wrong and then you can make the changes and then get credit for it."Honest, reliable data is not just for economists. It is the foundation of public is spending big on infrastructure. But Rajan warns that not all investment is equal."Every small town wants a metro," he said. "That's overbuilding, and those will be white elephants."What matters more, in his view, is building up capabilities. This means investing in schools, research labs, skilling programmes, and targeted industrial policy. "We have to have a few national labs where you've got state-of-the-art equipment where you can actually be competitive."The message Rajan is sending is clear: Stop chasing China. That moment is gone. India needs a strategy rooted in its own strengths, challenges and people. That means backing services, not slogans. Empowering local governments, not hoarding power at the top. And investing in people, not just not glamorous. But it might just work.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store