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MX News2 articles
Navitas Q3 Outlook: 71% Distributor Concentration Raises Risk Flag
Navitas Semiconductor (NVTS) forecasts Q3 revenue midpoint of $13.5M, up 28% sequentially, but 71% of Q2 sales came from one distributor, raising concentration concerns.
Magnachip Surges 23% on New MOSFET Launch Ahead of Q1 Results
Magnachip Semiconductor shares surged 23% to $5.25 after unveiling two new 8th-generation MOSFETs for smartphone battery protection, with one already in mass production. Q1 earnings are due April 28.