10 Stocks Stealing Wall Street’s Spotlight

6. Power Integrations Inc. (NASDAQ:POWI)

Power Integrations bounced back from two days of losses on Monday, surging 24.57 percent to close at $43.15 apiece following news that it partnered with technology giant Nvidia Corp. to help accelerate the latter’s 800-volt direct current (VDC) data center systems to power the next-generation artificial intelligence.

Power Integrations Inc. (NASDAQ:POWI) showcased its 1,250-volt and 1,700-volt chips, which are able to handle Nvidia’s high-power AI servers while maintaining energy efficiency above 98 percent.

According to Power Integrations Inc. (NASDAQ:POWI), its single 1250-volt PowiGan switch delivers greater power density and efficiency compared with stacked 650-volt GaN FETs and competing 1200-volt SiC devices.

It also introduced the InnoMux 2 EP chip, a unique solution for auxiliary power supplies in 800 VDC data centers, which supports 1,000-VDC input voltage.

“With rising rack power demands, we see 1250-V and 1700-V PowiGaN devices as ideal choices for main and auxiliary power supplies, delivering the efficiency, reliability and power density required in 800-VDC data centers,’ said Power Integrations Inc. (NASDAQ:POWI) Vice President for Product Development Roland Saint-Pierre.

Nvidia said Power Integrations Inc. (NASDAQ:POWI) joins more than 20 companies helping it deliver rack servers with open standards, enabling the future gigawatt AI factories.