Latest news with #NavitasSemiconductor
Yahoo
a day ago
- Business
- Yahoo
Why Nvidia-Backed Navitas Semiconductor Is Soaring Today
Navitas announced a new deal on Tuesday that will see its advanced chips used in hydrogen fuel-cell chargers. The company also presented today at the Baird Global Consumer, Technology & Services Conference 2025. The company's advanced gallium nitride (GaN) and silicon carbide (SiC) technologies help with efficient power supply and solve key scaling issues. 10 stocks we like better than Navitas Semiconductor › Shares of Navitas Semiconductor (NASDAQ: NVTS) are soaring on Tuesday. The company's stock jumped 15.7% as of 1:02 p.m. ET. The move comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.6% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 1%. The innovative semiconductor company, which uses gallium nitride (GaN) and silicon carbide (SiC) instead of the standard silicon, announced a new partnership today, as well as presented at a prominent industry conference. The company will partner with BrightLoop to bring its advanced chip technology to BrightLoop's latest series of hydrogen fuel-cell chargers. The charges are designed to support efficient and green power to heavy-duty agricultural transportation equipment. Given the enormous power requirements of equipment of this scale, the deal is further validation of Navitas' approach and technology. The company also presented today at the Baird Global Consumer, Technology & Services Conference 2025. CEO Gene Sheridan laid out his vision for the company's future, focusing on its shift toward high-voltage power solutions -- the same solutions that helped it ink the BrightLoop deal. The positive news comes soon after Navitas announced that Nvidia had selected it to help power its next-generation artificial intelligence (AI) data center systems. The news sent Navitas stock flying, not only because of the direct monetary value of the deal, but because of the incredible validation of its technology. If Nvidia is backing Navitas, it's likely others will follow in its footsteps and invest in GaN and SiC chip solutions from Navitas. I think Navitas stock is worth owning; the seal of approval from Nvidia is a game changer, and the company's balance sheet is solid, with minimal debt. Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Nvidia-Backed Navitas Semiconductor Is Soaring Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Why Navitas Semiconductor Skyrocketed Yet Again Today
Navitas inked a historic deal with Nvidia for its next-generation Rubin-based data center systems. The company makes innovative silicon carbide and gallium nitride chips. Today, Navitas sought to capitalize on its recent stock price increase. 10 stocks we like better than Navitas Semiconductor › Shares of Navitas Semiconductor (NASDAQ: NVTS) skyrocketed as much as 70.7% on Tuesday, before settling down to a 40.9% gain as of 1:22 p.m. ET. The massive gain comes on the heels of last Wednesday's near-200% gain after hours, after the company announced a potentially game-changing deal with Nvidia (NASDAQ: NVDA). Today, Navitas announced it would be following up that bit of good news with an equity sale, which aims to raise $50 million at much higher prices. While an equity raise would normally send a stock down, the stock is actually increasing again today. Coming into last week's announcement, Navitas seemed like a speculative small-cap company. Last quarter's revenue was just $14 million, a decline from the prior-year quarter, with operating losses of $25.3 million. With small volumes of declining revenue, short interest in the company had crept up to 12.8% of shares outstanding and 18.4% of the float as of April 30. However, things may have changed last Wednesday, when Navitas issued a press release announcing its gallium nitride (GaN) and silicon carbide (SiC) chips had been selected to go into Nvidia's upcoming 800V DC architecture, which will be used in Nvidia's upcoming Rubin Ultra-based data center chip systems. GaN and SiC-based chips have been somewhat of a niche product in the chip industry to date, and only cost-effective for the most trying environments where higher voltages under higher temperatures are required, such as electric vehicles and infrastructure. And while EVs have been in a prolonged slump, artificial intelligence (AI) data centers are becoming increasingly power-hungry, to the point where using more SiC and GaN chips may now be required. The announcement likely produced a massive short squeeze last week. However, today, Navitas announced a new at-the-market (ATM) offering, whereby the company can sell shares in the open market to raise cash. In the press release, the company announced it had sold all the prior $50 million ATM authorization, and had signed up for a new ATM program of similar size. Normally, when a company announces it has diluted shareholders and may continue to do so, the stock goes down; however, it appears investors actually cheered this announcement. Likely, the company sold a lot of stock last week after the big surge, so investors may believe it raised that cash at attractive prices. Of note, the company only had $75 million in cash as of the end of last quarter, so raising more cash at attractive prices to extend Navitas' runway was met with applause. Navitas is hard to value right now, as it's unclear as to the impact of the Nvidia contract. While last week's announcement was certainly great news, I'd be wary of chasing any stock merely on the mention of a partnership with or investment from Nvidia. These moves are driven by hype-by-association, with unclear tangible effects. Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Navitas Semiconductor Skyrocketed Yet Again Today was originally published by The Motley Fool
Yahoo
27-05-2025
- Business
- Yahoo
Jim Cramer on Navitas Semiconductor (NVTS): 'That One's Done'
We recently published a list of . In this article, we are going to take a look at where Navitas Semiconductor Corporation (NASDAQ:NVTS) stands against other stocks that Jim Cramer discusses. A caller inquired if they should take a modest profit or buy more Navitas Semiconductor Corporation (NASDAQ:NVTS). This is what Cramer had to say in response: 'No, that one's done. That one's done. I mean, look, it's terrific what happened, but you just had a gigantic gain. It's almost like a takeover. I say take your money out that you put in, and then you can let the rest ride. Play with the house's money.' Aerial view of a large solar panel array under construction in a rural China landscape. Navitas Semiconductor (NASDAQ:NVTS) designs and sells power semiconductors, including gallium nitride and silicon carbide devices, system controllers, and digital isolators used in power conversion and charging. In December 2024, Cramer was similarly bearish on the company as he remarked: '… I've gotta tell you, that company's losing a lot of money. I think you can take a flyer at three bucks but understand, it's losing a lot of money and it's a flyer.' Overall, NVTS ranks 20th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NVTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVTS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
May 2025's Top Penny Stocks To Watch
Over the last 7 days, the United States market has dropped 2.6%, but it is up 9.1% over the past year, with earnings forecast to grow by 14% annually. Investing in penny stocks—often associated with smaller or newer companies—can still present growth opportunities, especially when these stocks demonstrate strong financial health and potential for long-term gains. In this article, we explore three penny stocks that offer compelling opportunities and balance sheet resilience, highlighting their potential to surprise investors with significant returns. Name Share Price Market Cap Financial Health Rating Perfect (NYSE:PERF) $1.81 $184.35M ★★★★★★ WM Technology (NasdaqGS:MAPS) $1.01 $169.86M ★★★★★★ TETRA Technologies (NYSE:TTI) $2.74 $364.62M ★★★★☆☆ Imperial Petroleum (NasdaqCM:IMPP) $2.78 $95.67M ★★★★★★ Table Trac (OTCPK:TBTC) $4.70 $21.81M ★★★★★★ BAB (OTCPK:BABB) $0.8283 $6.02M ★★★★★★ Lifetime Brands (NasdaqGS:LCUT) $3.22 $72.17M ★★★★★☆ New Horizon Aircraft (NasdaqCM:HOVR) $0.922 $28.94M ★★★★★★ Greenland Technologies Holding (NasdaqCM:GTEC) $2.06 $35.83M ★★★★★★ CBAK Energy Technology (NasdaqCM:CBAT) $0.877 $78.88M ★★★★☆☆ Click here to see the full list of 731 stocks from our US Penny Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Navitas Semiconductor Corporation designs, develops, and markets power semiconductors globally, with a market cap of approximately $845.87 million. Operations: The company's revenue is primarily derived from its Semiconductors segment, totaling $74.15 million. Market Cap: $845.87M Navitas Semiconductor, with a market cap of approximately US$845.87 million, is navigating the volatile landscape of penny stocks with notable developments. Despite its unprofitability and increasing losses over five years, Navitas showcases potential through strategic collaborations, like its recent partnership with NVIDIA for advanced AI data center technologies. The company maintains a solid cash runway and lacks debt while projecting revenue growth of 23.08% annually. Recent product innovations in GaN and SiC technologies highlight their focus on high-efficiency power solutions across sectors such as AI data centers and EVs, positioning Navitas for future opportunities despite current financial challenges. Dive into the specifics of Navitas Semiconductor here with our thorough balance sheet health report. Gain insights into Navitas Semiconductor's outlook and expected performance with our report on the company's earnings estimates. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Vista Gold Corp., along with its subsidiaries, operates as a development-stage company in the gold mining industry in Australia, with a market cap of approximately $153.54 million. Operations: Vista Gold Corp. does not report any specific revenue segments as it is a development-stage company in the gold mining industry based in Australia. Market Cap: $153.54M Vista Gold Corp., with a market cap of approximately US$153.54 million, is navigating the penny stock realm as a pre-revenue, development-stage company in the gold mining sector. Despite reporting a net loss of US$2.71 million for Q1 2025, Vista has shown resilience by becoming profitable over the past five years and maintaining high-quality earnings without incurring debt. The management team and board are experienced, with average tenures exceeding industry norms. With short-term assets well above liabilities and no significant shareholder dilution recently, Vista Gold demonstrates financial stability amidst its developmental phase challenges. Jump into the full analysis health report here for a deeper understanding of Vista Gold. Gain insights into Vista Gold's past trends and performance with our report on the company's historical track record. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: 23andMe Holding Co. is a consumer genetics testing company operating in the United States, the United Kingdom, Canada, and internationally, with a market cap of approximately $88.53 million. Operations: The company's revenue primarily comes from its Consumer & Research Services segment, generating $208.78 million. Market Cap: $88.53M 23andMe Holding Co., with a market cap of approximately US$88.53 million, is currently navigating significant financial challenges, including Chapter 11 bankruptcy proceedings and delisting from Nasdaq. Despite generating US$208.78 million in revenue from its Consumer & Research Services segment, the company remains unprofitable with increasing losses over the past five years. Recent developments include a proposed acquisition by Regeneron Pharmaceuticals for US$260 million, contingent on bankruptcy court approval and regulatory clearances. The company's short-term assets exceed liabilities, but it faces cash runway constraints and has experienced high share price volatility recently. Get an in-depth perspective on 23andMe Holding's performance by reading our balance sheet health report here. Explore 23andMe Holding's analyst forecasts in our growth report. Gain an insight into the universe of 731 US Penny Stocks by clicking here. Contemplating Other Strategies? This technology could replace computers: discover the 22 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGM:NVTS NYSEAM:VGZ and OTCPK:MEHC.Q. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
24-05-2025
- Business
- Globe and Mail
Navitas (NVTS) Skyrockets 163% after NVIDIA Picks It to Power AI Data Centers
Boom. Just like that, Navitas Semiconductor (NVTS) went from under-the-radar to front-and-center on Wall Street. The stock exploded as much as 163% (as of writing) in pre-market trading after announcing a blockbuster partnership with none other than Nvidia (NVDA). The two are teaming up to power the future of AI data centers, and investors definitely like the sound of growth. Confident Investing Starts Here: Who Are You, NVTS? Navitas, a specialist in next-gen gallium nitride (GaN) and silicon carbide (SiC) power semiconductors, is joining forces with Nvidia to develop an ultra-efficient 800-volt high-voltage direct current (HVDC) power system. This new setup will fuel Nvidia's 'Kyber' rack-scale systems, which are built to run monster AI chips like the Rubin Ultra GPU. In more straightforward wording: Navitas just landed a golden ticket into Nvidia's booming AI empire. The partnership couldn't come at a better time. AI workloads are growing like wildfire, and data centers are struggling to keep up with the massive power demands. Traditional 54V power systems are reaching their limits—they are bulky, inefficient, and expensive to scale. Nvidia's new 800V HVDC approach changes the game by reducing copper use, cutting power losses by up to 30%, and improving energy efficiency end-to-end. What NVTS Brings to the Table Navitas brings the secret sauce to make it all work: GaNFast™ and GeneSiC™ power technologies, plus a cutting-edge 12kW power supply ready for mass production. It's explicitly designed for hyperscale AI data centers, offering more power in a smaller, cooler, and more reliable package. This deal signals a stamp of approval from Nvidia, positioning Navitas as a must-watch player in the rapidly evolving AI infrastructure race. Investors love asymmetric upside stories, and NVTS just turned into one. Yes, the stock has surged. Yes, it's now on the radar. But if Nvidia is betting on Navitas to help fuel the AI revolution, this might just be the beginning of a much larger power play. Keep an eye on analyst upgrades, insider activity, and future earnings. NVTS may have just moved from speculative to strategic overnight. Is NVTS Stock a Good Buy? As of now, the Street's analysts rate Navitas as a Moderate Buy, but this rating could be upgraded soon after the new Nvidia partnership. The average NVTS stock price target is $3.25, implying a 70.16% upside. See more NVTS analyst ratings Disclaimer & Disclosure Report an Issue
