Navitas Semiconductor Corporation (NVTS) Launches 12kW PSU, Powers Next-Gen AI Data Centers

We recently published a list of 10 AI Stocks Making Waves This Week. In this article, we are going to take a look at where Navitas Semiconductor Corporation (NASDAQ:NVTS) stands against other AI stocks that are making waves this week.

Navitas Semiconductor Corporation (NASDAQ:NVTS) is a small-cap chip designer. Its next-generation power solutions support energy-efficient AI data centers. On May 21, the pure-play, next-generation power semiconductor company announced its latest 12 kW power supply unit (PSU) for hyperscaler AI data centers. The PSU is designed for high-power rack densities of 120 kW and complies with Open Rack v3 (ORv3) specifications and Open Compute Project (OCP) guidelines. It is designed to ensure the highest efficiency and performance, along with the lowest component count. In simple words, Navitas’ new power supply unit is faster, safer, and more efficient. This makes it an ideal choice for powering the next generation of AI-driven data centers.

Navitas Semiconductor Corporation (NVTS) Launches 12kW PSU, Powers Next-Gen AI Data Centers

Aerial view of a large solar panel array under construction in a rural China landscape.

“The continuation and leadership of Navitas’ AI power roadmap has seen a quadrupling in output power – from 2.7 to 12 kW – in just over 24 months. This increase in power delivery is vital for the world’s data centers to support the exponential power demanded by the latest GPU architectures. The ‘designed for production’ PSU enables our customers to quickly implement a highly efficient, simple, and cost-effective solution to address the power delivery challenges for AI and hyperscale data centers.”

-Gene Sheridan, CEO and co-founder of Navitas.

Overall, NVTS ranks 9th on our list of AI stocks that are making waves this week. While we acknowledge the potential of NVTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVTS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.