Innovation And Market ExpansionNavitas introduced a new 8.5kW power supply solution targeting AI data centers, showcasing innovative technology and expanding market reach.
Product DiversificationRevenue diversification is expected to gain momentum, notably in solar microinverters and GaN in EVs, highlighting new growth opportunities.
Strategic PartnershipThe strategic partnership with Infineon could accelerate GaN penetration in automotive and industrial markets, providing a potential positive turn.