# Navitas and AMD AI-infrastructure growth

> Live situation record from CLSTR: https://clstr.news/situations/navitas-semiconductor-highpower-shift
> Updated: 2026-09-10T08:45:00.000Z. Sources: 81. Developments: 16.

In early July 2026, Navitas Semiconductor’s stock swung approximately 6% amid analyst price target increases and insider share sales. Two weeks later, Navitas reported unaudited Q2 2026 results featuring a 22% sequential revenue rise, fueled by a 50% year-over-year expansion in high-power markets. The company signaled a further 28% sequential revenue gain for Q3, marking its successful transition toward AI infrastructure applications.

The AI-infrastructure landscape is seeing rapid expansion. AMD announced a strategic partnership with Core Scientific to secure up to 2.5 GW of U.S. data-center capacity, alongside a multi-billion-dollar push including a deal worth up to $5 billion with AI start-up Anthropic. To fund these intensive investments, AMD completed its largest-ever US dollar bond offering in mid-August, raising $4.75 billion through four tranches of senior notes. While intended for “general corporate purposes,” the raise follows AMD’s commitment to deploy up to two gigawatts of Instinct MI450 chips to power Anthropic’s Claude. AMD reported record Q2 2026 revenue of $11.5 billion, a 50% year-over-year increase. By late August, AMD’s data center segment reported a 107% revenue increase to $6.7 billion. By early September 2026, AMD’s stock had risen approximately 120% during the year.

Analysts maintain a positive outlook; of 16 experts analyzed in August, 11 recommended a “buy” while 5 suggested “hold.” Institutional price targets include $730.00 from UBS AG and $650.00 from both Bernstein Research and Jefferies & Company Inc. In early September, Citi reaffirmed its ‘Buy’ rating with a $575 price target following the Citi Global TMT Conference. By September 10, analysts noted that while AMD faces high price-to-earnings ratios, long-term opportunities exist in CPUs used for efficient agentic tasks in data centers. Concurrently, Piper Sandler upgraded Broadcom to a ‘strong-buy’ rating, reflecting broader confidence in the AI infrastructure sector.

## Claims

- AMD's Data Center revenue more than doubled to $6.7 billion in Q2. (disputed by 4 sources)
- AMD's Q2 revenue reached $11.54 billion, representing a 50.1% year-over-year increase. (disputed by 3 sources)
- AMD secured up to 2.5 GW of U.S. data‑center capacity from Core Scientific, effective 2027. (corroborated by 4 sources)
- AMD will receive market‑priced warrants to purchase Core Scientific common stock. (corroborated by 3 sources)
- Core Scientific will initially provide more than 500 MW of capacity for the AMD partnership. (corroborated by 3 sources)
- The partnership includes deployment of AMD Instinct GPUs, EPYC CPUs and ROCm software. (corroborated by 3 sources)
- Navitas Semiconductor reported total revenue grew 22% sequentially in Q2 2026. (corroborated by 2 sources)
- High‑power markets grew more than 50% year‑over‑year in Q2 2026. (corroborated by 2 sources)
- Navitas expects sequential revenue growth of 28% in Q3 2026. (corroborated by 2 sources)
- Navitas has exited the mobile market, with mobile revenue now insignificant. (corroborated by 2 sources)
- AI infrastructure markets will represent more than one‑third of Navitas total sales by the end of 2026. (corroborated by 2 sources)

## Timeline

### 2026-09-10: Broadcom and AMD see analyst interest amid AI infrastructure boom

Analysts are upgrading Broadcom to a ‘strong-buy’ and highlighting AMD’s massive data center revenue growth as both companies benefit from the expanding AI infrastructure market.

7 sources. https://clstr.news/cluster/amd-and-broadcom-navigate-ai-infrastructure-boom-and-market-volatility

### 2026-09-08: AMD receives bullish outlook from Citi amid AI and data-center growth

Citi maintains a ‘Buy’ rating on AMD with a $575 price target, citing strong growth in AI, data-center, and server CPU markets.

3 sources. https://clstr.news/cluster/amd-receives-bullish-outlook-from-citi-amid-ai-and-data-center-growth

### 2026-09-02: AMD stock sees growth driven by AI and data center demand

AMD stock has seen significant growth driven by its data center division. Analysts remain largely bullish, with an average price target of $608.81 amid accelerating AI-related revenue.

3 sources. https://clstr.news/cluster/amd-stock-sees-growth-driven-by-ai-and-data-center-demand

### 2026-09-02: AMD explores 3D DRAM to improve AI memory efficiency

AMD is researching 3D DRAM using hybrid bonding, which could offer up to 17 times greater energy efficiency than current HBM stacks for AI accelerators, despite significant thermal manufacturing challenges.

2 sources. https://clstr.news/cluster/amd-explores-3d-dram-to-improve-ai-memory-efficiency

### 2026-08-25: AMD projected to overtake Intel by 2027 amid AI boom

AMD is projected to potentially overtake Intel by 2027 as AI demand grows, though Micron warns of critical memory bandwidth bottlenecks and hardware reliability issues in AI infrastructure.

3 sources. https://clstr.news/cluster/amd-projected-to-overtake-intel-by-2027-amid-ai-boom

### 2026-08-25: Broadcom and AMD see growth driven by AI chip demand

Broadcom and AMD are seeing significant growth driven by AI demand, with Broadcom's custom chips receiving praise from OpenAI and AMD's data center revenue surging 107% amid bullish analyst upgrades.

8 sources. https://clstr.news/cluster/broadcom-shares-fall-amid-marvell-google-ai-chip-partnership-news

### 2026-08-21: AMD expands AI strategy and targets 20x energy efficiency increase

AMD reports record $11.5 billion revenue driven by AI demand and pledges a 20x increase in AI rack-scale energy efficiency by 2030 through integrated hardware and software optimization.

3 sources. https://clstr.news/cluster/amd-expands-ai-strategy-and-targets-20x-energy-efficiency-increase

### 2026-08-18: AMD targets 4x increase in AI energy efficiency by 2026

AMD aims to quadruple its AI energy efficiency by 2026 through rack-scale optimizations, targeting a 20x increase in efficiency by 2030 to meet growing data center power demands.

5 sources. https://clstr.news/cluster/amd-targets-4x-increase-in-ai-energy-efficiency-by-2026

### 2026-08-15: AMD raises $4.75 billion in record bond offering

AMD has raised $4.75 billion in its largest-ever bond sale, intended for general corporate purposes following a $5 billion commitment to Anthropic to support AI chip deployment.

6 sources. https://clstr.news/cluster/amd-raises-475-billion-in-record-bond-offering

### 2026-08-14: AMD may utilize Intel advanced-packaging technology

UBS analysts suggest AMD may use Intel’s EMIB-T advanced-packaging technology to supplement TSMC capacity and support AI accelerator shipments, with mass production targeted for 2027.

2 sources. https://clstr.news/cluster/amd-may-utilize-intel-advanced-packaging-technology

### 2026-08-13: AMD launches $4 billion to $5 billion debt offering for AI expansion

AMD has launched a $4 billion to $5 billion debt offering to fund AI-related investments, data-center expansion, and general corporate purposes.

14 sources. https://clstr.news/cluster/amd-plans-largest-ever-bond-sale-of-up-to-5b-to-fund-ai-growth

### 2026-08-09: Core Scientific partners with AMD for AI data center capacity

Core Scientific has partnered with AMD to deliver up to 2.5 gigawatts of AI-ready data center capacity, following the company's strategic pivot from Bitcoin mining to high-density AI infrastructure.

4 sources. https://clstr.news/cluster/core-scientific-partners-with-amd-for-ai-data-center-capacity

### 2026-08-08: AMD reports record $11.54 billion Q2 revenue driven by AI data center growth

AMD reported record Q2 revenue of $11.54 billion driven by a massive surge in Data Center demand, though gaming revenue declined and Q3 guidance missed expectations.

11 sources. https://clstr.news/cluster/moore-threads-reports-147-revenue-growth-in-h1-2026

### 2026-07-30: AMD commits up to $5 billion to expand AI data‑center capacity

AMD will invest up to $5 billion with Anthropic and sign a $14 billion, 15‑year Core Scientific deal to add 529 MW of AI‑ready capacity across five U.S. sites, while launching new EPYC processors amid a tech‑股跌

2 sources. https://clstr.news/cluster/amd-commits-up-to-5-billion-to-expand-ai-datacenter-capacity

### 2026-07-27: 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 (

34 sources. https://clstr.news/cluster/navitas-semiconductor-reports-22-sequential-revenue-growth-in-q2-2026

### 2026-07-09: 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.

2 sources. https://clstr.news/cluster/navitas-semiconductor-shares-swing-6-as-analysts-raise-targets-and-insiders-sell-millions-of-dollars

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Cite as: Navitas and AMD AI-infrastructure growth. CLSTR, https://clstr.news/situations/navitas-semiconductor-highpower-shift