Why This Nvidia Partner's Stock Soared This Week
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Navitas Semiconductor's stock surged over 18% this week, driven by a collaboration announcement with Nvidia to develop chips for 800-volt HVDC data centers, set to launch in 2027. This follows a 69% increase in 2025, recovering from a 50% decline earlier in the year. Additionally, Navitas announced a partnership with BrightLoop for hydrogen fuel-cell chargers. Despite the positive momentum, challenges remain as Nvidia has other partnerships with major chip manufacturers.
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