AI Power Semiconductor Surges 7% Amid Expectations: What Happened?

Navitas Semiconductor Corp (NASDAQ: NVTS) closed at $10.19 on the Nasdaq on the 27th, up 6.79%. Its market capitalization rose to about $2.35 billion (approximately KRW 3.05 trillion), adding roughly $170 million (around KRW 220 billion) in a single day. Trading volume also topped 18 million shares, reflecting strong short-term demand.

Recent analyses suggest the company is pivoting from its mobile and consumer-focused business toward power semiconductors for AI data centers, fueling expectations of a valuation re-rating. Its “Navitas 2.0” strategy—targeting high-power markets such as AI data centers and power infrastructure—alongside its collaboration with NVIDIA on high-voltage data center power architectures and news of successive partnership expansions slated for 2025 and beyond, is further bolstering investor sentiment.

Founded in 2014, Navitas Semiconductor specializes in GaN- and SiC-based power semiconductors, with high-growth power markets—including electric vehicles, solar energy, energy storage systems, data centers, and industrial power infrastructure—as its core targets. From 2025, under the banner of “Navitas 2.0,” the company is accelerating its transformation from a consumer and mobile-centric structure into a high-power, high-value-added power solutions provider.