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NVTS
Benzinga
6 hrs

Navitas Semiconductor Stock Is Surging After The Bell: What's Going On?

1. NVTS shares soared 21.14% after hours, trading at $13.30. 2. Company updates progress on 800 VDC GaN and SiC power devices. 3. New power devices support NVIDIA’s 800 VDC architecture for AI platforms. 4. Transition to 800 VDC is seen as transformational for computing. 5. Industry demands more efficient power solutions for megawatt-scale platforms.

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Why Very Bullish?

NVTS's announcement highlights a crucial market shift towards more efficient power architectures. Historical precedents show alignment with major tech trends has led to significant stock growth.

How important is it?

The article discusses a significant product advancement that directly aligns NVTS with a growing market trend, enhancing its competitive positioning.

Why Long Term?

The transition to 800 VDC reflects a lasting industry evolution in energy delivery solutions, likely resulting in sustained demand.

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