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IFNNY News6 articles
Navitas Semiconductor Raises $122M in ATM Offering Amid AI Power Push
Navitas Semiconductor raised $122 million through an ATM offering, leveraging AI power-chip hype. Q1 revenue fell to $8.6 million, while shares dropped 6.4%.
Technology
Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.
Technology
Navitas Semiconductor Faces Key Earnings Test Amid AI Power Push
Navitas Semiconductor shares jumped 5.76% to $17.45 ahead of Q1 earnings. The company is betting on AI data center power chips but faces revenue and timing risks.
Earnings
Navitas Stock Soars on AI Power Demand Ahead of Earnings
Navitas Semiconductor stock jumped almost 20% Tuesday as investors bet on its power semiconductors for AI data centers. The company will report first-quarter earnings on May 5.
Technology
Navitas Semiconductor Holds Gains After Revenue Outlook, CFO Transition
Navitas Semiconductor shares stabilized in premarket trading after a sharp 20% rally, driven by an upbeat first-quarter revenue forecast and the announcement of its CFO's upcoming departure.
Earnings
Infineon Gains on Planned Power Chip Price Increases, AI Demand Outlook
Infineon shares rose 1.5% Friday following reports of planned price hikes for select power products in April. The company cites tight supply and higher costs, with UBS raising its price target to €47.
Technology