New York, Jan 22, 2026, 14:45 ET — Regular session
- Navitas Semiconductor’s stock jumped roughly 14% on Thursday, leaving other chipmakers in the dust.
- The move happened without any new company news, indicating that momentum and positioning likely fueled the jump.
- Attention shifts to major chip earnings due after the bell and when Navitas will release its next quarterly report.
Shares of Navitas Semiconductor Corporation surged Thursday, bouncing back in a stock known for its wild swings.
At 2:45 p.m. ET, the power-chip maker’s stock jumped $1.41, roughly 14%, to $11.17, following a close of $9.76 on Wednesday. Shares fluctuated between $9.96 and $11.17, with around 24.1 million changing hands.
That gain stood out in a chip sector rapidly recalibrating around AI data-center investments. The iShares Semiconductor ETF edged up roughly 0.4%, while wide-bandgap competitors Wolfspeed and onsemi showed little movement.
Navitas hasn’t issued any new press releases this week. The latest update on its news feed is a Jan. 7 announcement that CEO Chris Allexandre plans to speak at Needham’s Growth Conference. That leaves no clear, same-day corporate trigger behind Thursday’s stock action. (Navitas Semiconductor)
Based in Torrance, California, the company produces power semiconductors crafted from gallium nitride and silicon carbide. These materials switch electricity faster and are more energy-efficient than standard silicon. Such “wide-bandgap” chips find applications in power conversion for data centers, fast chargers, and electric vehicles.
Investors are focused again on Nvidia’s move toward an 800-volt data-center power setup. The company announced it’s pushing the industry to adopt 800 VDC (high-voltage direct current) distribution, aiming to power 1-megawatt server racks and larger. Full-scale production is expected to roll out alongside its Kyber rack-scale systems in 2027. (NVIDIA Developer)
Navitas is pushing into that transition. In an October update, it revealed work on 800 VDC gallium nitride and silicon carbide devices aimed at powering Nvidia’s next-gen AI factory platforms. “Moving from legacy 54 V architectures to 800 VDC isn’t just evolutionary, it’s transformational,” Allexandre said then. (Navitas Semiconductor)
The calendar poses a risk. This multi-year architectural shift opens the door for delays, and suppliers risk losing ground if customers lean toward larger chipmakers with greater manufacturing capacity. Navitas still needs to turn its roadmaps and designs into steady, high-volume shipments.
The broader chip sector is under the microscope. Intel will release its earnings after U.S. markets shut on Thursday. Investors want to gauge data-center demand and pricing trends that could affect smaller suppliers. (Reuters)
Navitas’ stock has swung wildly, with gains often followed by steep drops. Strong rallies can quickly fade as sentiment shifts or investors conclude the next catalyst is still a ways off.
Attention now shifts to Navitas’ upcoming quarterly earnings and any fresh news on data-center power deals. Nasdaq’s calendar lists Feb. 23 for the next report, but the company hasn’t officially set the date. (Nasdaq)
