Navitas Semiconductor Plans GaN Wafer Source Diversification

An update from Navitas Semiconductor ( (NVTS) ) is now available.

Navitas Semiconductor announced plans to diversify its GaN wafer sources following TSMC’s decision to cease GaN production by July 2027. In collaboration with Powerchip Semiconductor Manufacturing Corporation, Navitas aims to transition its 650 V GaN devices within 12-24 months, with initial mass production of 100 V GaN products expected in the first half of 2026. This strategic partnership is anticipated to strengthen Navitas’ supply chain, drive innovation, and improve cost efficiency, supporting its expansion into AI data centers, EVs, and other markets.

The most recent analyst rating on (NVTS) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Navitas Semiconductor stock, see the NVTS Stock Forecast page.

Spark’s Take on NVTS Stock

According to Spark, TipRanks’ AI Analyst, NVTS is a Neutral.

Navitas Semiconductor’s stock score reflects significant financial challenges, with ongoing profitability issues and negative cash flows. Positive technical momentum and strategic corporate events provide some optimism, but valuation concerns and mixed earnings call sentiment weigh on the overall score.

To see Spark’s full report on NVTS stock, click here.

More about Navitas Semiconductor

Navitas Semiconductor, founded in 2014, is a leading pure-play, next-generation power-semiconductor company specializing in GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors. The company focuses on markets such as AI data centers, electric vehicles, solar energy, and consumer electronics, boasting over 300 patents and being the first semiconductor company to achieve CarbonNeutral® certification.

Average Trading Volume: 37,404,776

Technical Sentiment Signal: Buy

Current Market Cap: $1.28B

For detailed information about NVTS stock, go to TipRanks’ Stock Analysis page.