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[SITUATION] · [ACTIVE]

2 clusters · 34 sources · 18 days · First seen 22 days ago · Last updated 4 days ago

Categories: TECHNOLOGY · BUSINESS

Navitas Semiconductor high‑power shift

Entities: Core Scientific, Inc. · EPYC CPU · market‑priced warrants · Chris Allexandre · Navitas Semiconductor

Overview

In early July 2026 Navitas Semiconductor’s stock swung about 6% as analysts lifted price targets and insiders sold several million dollars of shares, highlighting market speculation over the firm’s strategic pivot. Two weeks later the company posted unaudited Q2 2026 results showing a 22% sequential revenue rise, driven by rapid growth in high‑power markets that expanded more than 50% year‑over‑year. Navitas reported improved gross margins and signaled a further 28% sequential revenue gain for Q3, underscoring its completed transition from mobile and low‑end consumer products to AI‑infrastructure applications such as data‑center and grid‑energy solutions, now expected to account for over one‑third of sales by year‑end. A strong backlog, record book‑to‑bill levels, and shipments of GaN and SiC samples for next‑generation AI data‑center programs support this outlook.

The broader AI‑infrastructure environment is also intensifying. AMD’s partnership with Core Scientific, announced on 27 July 2026, secures up to 2.5 GW of U.S. data‑center capacity for AI workloads starting in 2027. This expansion of high‑density, power‑intensive facilities reinforces demand for the high‑power semiconductor components that Navitas supplies, further validating its strategic shift toward serving the growing AI data‑center market.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 4 SOURCES] AMD secured up to 2.5 GW of U.S. data‑center capacity from Core Scientific, effective 2027. (45c5786c-c212-4d8f-8cba-191edab5ea36, e9d990a8-f2c2-45a9-a263-7363a6bffd7f, ed0a815d-3239-492f-b117-e15923b64de3, 98c43b)
[● 3 SOURCES] AMD will receive market‑priced warrants to purchase Core Scientific common stock. (45c5786c-c212-4d8f-8cba-191edab5ea36, ed0a815d-3239-492f-b117-e15923b64de3, 98c43b9a-aaad-40a9-a57d-86cd43592ae9)
[● 3 SOURCES] Core Scientific will initially provide more than 500 MW of capacity for the AMD partnership. (45c5786c-c212-4d8f-8cba-191edab5ea36, ed0a815d-3239-492f-b117-e15923b64de3, 98c43b9a-aaad-40a9-a57d-86cd43592ae9)
[● 3 SOURCES] The partnership includes deployment of AMD Instinct GPUs, EPYC CPUs and ROCm software. (45c5786c-c212-4d8f-8cba-191edab5ea36, ed0a815d-3239-492f-b117-e15923b64de3, 98c43b9a-aaad-40a9-a57d-86cd43592ae9)
[● 2 SOURCES] Navitas Semiconductor reported total revenue grew 22% sequentially in Q2 2026. (Navitas Semiconductor press release)
[● 2 SOURCES] High‑power markets grew more than 50% year‑over‑year in Q2 2026. (Navitas Semiconductor press release)
[● 2 SOURCES] Navitas expects sequential revenue growth of 28% in Q3 2026. (Navitas Semiconductor press release)
[● 2 SOURCES] Navitas has exited the mobile market, with mobile revenue now insignificant. (Navitas Semiconductor press release)
[● 2 SOURCES] AI infrastructure markets will represent more than one‑third of Navitas total sales by the end of 2026. (Navitas Semiconductor press release)
[● 2 SOURCES] Navitas reports an expanding backlog with record‑level book‑to‑bill. (Navitas Semiconductor press release)
[● 2 SOURCES] Navitas shipped production samples for AI data center programs targeting 800 V architectures. (Navitas Semiconductor press release)
[● 2 SOURCES] Chris Allexandre is President and CEO of Navitas Semiconductor. (Navitas Semiconductor press release)

Timeline

4 days ago

[TECHNOLOGY] 34 sources
AMD and Core Scientific Secure Up to 2.5 GW AI Data‑Center Capacity
AMD and Core Scientific teamed up to provide up to 2.5 GW of U.S. AI data‑center capacity, deploying AMD GPUs and CPUs, with AMD receiving stock warrants; the deal prompted AMD shares to fall and Core Science (
22 days ago

[BUSINESS] 2 sources
Navitas Semiconductor shares swing 6% as analysts raise targets and insiders sell millions of dollars worth
Navitas Semiconductor stock jumped 6% to $14.53 then fell 5% to $13.47 as analysts lifted targets and insiders sold over $100 million of shares.

Sources

21buttons.com · aijourn.com · apcmag.com · beautytrends.pl · coinpaper.com · czasnawypad.pl · dailyguardian.ca · ere.org · floranews.nl · frickingruvin.medium.com · game.techbang.com.tw · haitiinfospro.com · hartware.de · heavyquipmag.com · ithome.com · last10k.com · livemusicnyc.org · marketwire.com · meeco.kr · mezzogiornoitalia.it · newsable.asianetnews.com · opensourceforu.com · pcgameshardware.de · profesionalreview.com · pulse2.com · riotplatforms.com · rollingworldwide.com · seekingalpha.com · sonoranews.com · stichtingverslaving.nl · stocknews.com · stocktitan.net · techinside.com · wccftech.com

This summary has been updated 1 time: see revision history