HYDERABAD, India, May 11, 2026, 19:36 IST
Navitas Semiconductor stock jumped 18% Monday, according to Investing.com, after Cyient Semiconductors announced India’s first gallium nitride power IC lineup—a seven-device series built with Navitas tech, aimed at AI data centers, telecom, and e-mobility charging.
The timing is key: power chips are increasingly central to AI infrastructure bets. Gallium nitride, known as GaN, shows up in power devices that handle electricity at higher speeds and run cooler than standard silicon chips—a clear advantage as data centers, rapid chargers, and EV platforms demand more juice.
India’s semiconductor ambitions finally get something tangible: these aren’t just more partnership headlines. Cyient claims the new devices deliver local support and greater supply security to Indian clients, and they line up with domestic sourcing efforts.
Hyderabad’s Cyient Semiconductors is rolling out a lineup of seven GaN power devices—each rated at 650V—using technology licensed from Navitas. The suite targets a range of applications, from USB-PD chargers and laptop or mobile adapters to AC-DC power supplies, AI data center power setups, telecom hardware, and e-mobility charging systems.
Cyient has secured a licensing agreement to deploy Navitas’s GaN technology in India, positioning itself as a secondary supplier for select Navitas devices that are already rolling off production lines. The first product samples are slated for release by June 2026, according to the company.
Cyient’s initial lineup lands in DPAK packages—one of the standard power-chip formats—and packs in drive, control, and protection features, plus built-in current sensing and EMI handling. The pitch? Equipment makers get a shortcut to more compact, efficient power systems, without starting from zero on system design.
Chief Executive Suman Narayan put it plainly: “With this launch, Cyient Semiconductors is introducing its first family of GaN power ICs.” That marks the company’s entrance into high-performance power semiconductors. For Navitas, India stands out—Chief Executive Chris Allexandre called it “a key market” for the company’s high-power push, adding that the Cyient partnership means local support for customers. PR Newswire
Navitas and Cyient’s commercial launch stems from their December deal to collaborate on GaN products, digital and mixed-signal ICs, plus system modules and design platforms targeting India’s AI data-center, electric-mobility, grid, and industrial segments.
Competition continues to heat up. Last week, Infineon Technologies—one of the bigger names in power chips—raised its outlook for 2026. The company pointed to rising demand for AI data-center power supplies and robust automotive orders, flagging investor interest around that power-management layer tied to AI spending.
Navitas hasn’t gotten far into that transition yet. First-quarter revenue landed at $8.6 million—well below the $14.0 million seen a year ago, though that figure marks an 18% bump from the previous quarter. High-power markets account for most of the top line now, according to the company. For the second quarter, Navitas pointed to a revenue estimate around $10 million, midpoint.
Still, there’s no guarantee the new launch will turn into actual revenue. Navitas cautioned that forecasting demand in unfamiliar markets isn’t straightforward. The company pointed out that a design win doesn’t necessarily mean an order will follow. Bigger competitors—those with heft in manufacturing and R&D—could easily step into the GaN and silicon-carbide space as well.
Cyient now faces an execution hurdle: samples are expected in June, with customer qualifications to follow, and plans for local assembly and manufacturing involving Indian OSAT partners—outsourced semiconductor assembly and test firms—down the line. For now, Monday’s news marks a product milestone, but not yet a demonstration of large-scale demand.
