Navitas Gains After Nvidia 800V Board Launch: “AI Infrastructure Power Wall”
Navitas reported Q2 revenue of $10.5 million, a 27% year‑over‑year decline, and guided Q3 revenue to about $13.5 million, implying roughly 28% sequential growth. Shares rose 4.8% to $9 after the announcement. The company also closed its acquisition of Claros on October 6 for up to $232.8 million in cash, stock and milestones, adding integrated voltage‑regulator technology to its portfolio.…
Key points
- Q2 revenue fell 27% to $10.5 million; management guided Q3 revenue to about $13.5 million.
- Navitas completed the Claros acquisition for up to $232.8 million, adding integrated voltage‑regulator technology.
Navitas Gains After Nvidia 800V Board Launch: “AI Infrastructure Power Wall”
finance.yahoo.com · 22 October 2026Loading the full article…
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