Navitas Semiconductor is a next-generation power semiconductor company focused on gallium nitride and silicon carbide chips. These are not normal chips like Nvidia GPUs. They are power chips. Their job is to move electricity more efficiently, with less wasted energy, less heat, and higher power density.

AI data centers do not just need more chips. They need more electricity, better power conversion, better cooling, less copper, and more efficient power delivery. Because data centers are becoming extremely power hungry. As AI racks move from kilowatts to hundreds of kilowatts and eventually megawatt-scale systems, the power architecture inside the data center needs to change.

Navitas originally became known for GaN fast chargers, especially in mobile and consumer electronics. But it has pivoted move into bigger, higher-value markets like AI data centers, grid and energy infrastructure, performance computing, and industrial electrification. As part of it’s Navitas 2.0 strategy it has developed GaN and SiC products aimed at Nvidia’s next-generation 800V DC AI factory architecture.

The company’s revenue base is small. In Q1 2026, Navitas reported $10 of revenue,