Navitas Semiconductor Corp. (NASDAQ:NVTS) is one of the 10 Stocks With Remarkable Resilience.
Navitas Semiconductor climbed to a new all-time high on Wednesday, after its technology was showcased by Nvidia Corp. at the Computex 2026 in Taipei, Taiwan.
In intra-day trading, the stock climbed to its highest price of $34.16 at intra-day trading before paring gains to finish the session just up by 19.14 percent at $30.81 apiece.
For illustration purposes only. Photo from Pixabay/Pexels
In a statement, Navitas Semiconductor Corp. (NASDAQ:NVTS) said that Nvidia featured its 800 V-to-6 V DC-DC power delivery board (PDB) in its AI Factory MGX Ecosystem Showcase. Thanks to Navitas GaNFast technology, the PDB features the latest DFN8×8 dual-cooled package, aiming for a peak efficiency of 97.5 percent and switching frequency of 1 MHz, among others.
It is also around 20 percent thinner than a mobile phone, while its ultra-low profile allows for extremely close integration with the GPU board, maximizing transient performance and enhancing power distribution efficiency.
Through its comprehensive portfolio of GaN and SiC technologies, Navitas Semiconductor Corp. (NASDAQ:NVTS) said that it continues to collaborate closely with Nvidia within the MGX ecosystem, helping enable open, modular AI infrastructure architectures and accelerating the industry’s transition toward next-generation AI factories.
“As AI workloads continue to scale and drive unprecedented demand for compute, power delivery has become one of the most critical challenges in enabling next-generation gigawatt AI factories,” Navitas Semiconductor Corp. (NASDAQ:NVTS) President and CEO Chris Allexandre said.
“Through our collaboration with NVIDIA within the MGX ecosystem, Navitas is delivering GaN and SiC power technologies that enable megawatt-scale AI server racks with higher power density, a smaller system footprint, and improved thermal performance, helping accelerate the transition to more efficient and scalable AI infrastructure,” he added.
While we acknowledge the risk and potential of NVTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVTS and that has 10,000% upside potential, check out our report about the cheapest AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
