2024-02-06 15:44:40 ET
Summary
- Navitas Semiconductor reported impressive YoY revenue growth of 109.8% and expects further growth in the next quarter.
- The company has a $1.25 billion pipeline of upcoming production programs, indicating strong momentum and expansion into key sectors.
- GaN technology can enhance the efficiency and density of power supplies in data centers, presenting a significant opportunity for Navitas.
In my September 6, 2023, Seeking Alpha article entitled Navitas: GaN Will Grow Faster Than SiC So Buy The Pullback , I addressed the advantages of Gallium Nitride ("GaN") chips as alternatives to the more familiar Silicon Carbide ("SiC")....
Read the full article on Seeking Alpha
For further details see:
Navitas: A Leader In GaN Technology For The Data Center