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Navitas Semiconductor Announces Collaboration with NVIDIA on AI Data Center Power Boards

Investing.com ·

NVDA NVIDIA Corp
$221.51 -3.07%
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NVTS NVTS -10.48%
  1. 1Navitas Semiconductor shares rose 5% in after-hours trading.
  2. 2Navitas Semiconductor and NVIDIA announced a strategic collaboration to develop 24kW power supply boards.
  3. 3The boards are designed to target 97% efficiency at full load.

So what's the key point?

Navitas Semiconductor announced it will work with NVIDIA to create power boards for artificial intelligence. The stock price rose 5% following this news.

Source Investing.com · View original ↗

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