Power Integrations (POWI) Stock Rockets 20% on Nvidia AI Data Center News – Is the Next Big GaN Breakout Here?
Power Integrations is a fabless semiconductor firm specializing in high-voltage power conversion chips. It pioneered the use of gallium nitride in power ICs and its EcoSmart™ PWM controllers. The company’s products enable efficient AC-DC and DC-DC conversion across applications, from cloud data centers and industrial drives to EV chargers and consumer electronicsreuters.cominvestors.power.com. In fact, Reuters notes POWI “supplies chips that handle power for cars and major appliances” and makes them out of GaNreuters.com. This positions POWI in the clean-energy ecosystem: its chips are used in renewable generation, efficient power grids, metering, and electrified transportationinvestors.power.cominvestors.power.com. Long-time founder Balu Balakrishnan ran POWI for decades until mid-2025, when longtime insider Jennifer A. Lloyd became CEOinvestors.power.com. The company prides itself on a solid balance sheetinvestors.power.com and returns capital via dividends and share buybacks.