Navitas Semiconductor

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Navitas Semiconductor(NVTS.US) Navitas to Invest $5 Million in $Magnachip Semiconduct(MX.US) Magnachip, Deepening Power Semiconductor Partnership

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗡𝗮𝘃𝗶𝘁𝗮𝘀 will make a $𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 strategic equity investment in Magnachip.

➤ 𝗠𝗮𝗴𝗻𝗮𝗰𝗵𝗶𝗽 will issue 𝟭,𝟰𝟲𝟭,𝟵𝟴𝟴 shares at $𝟯.𝟰𝟮 per share.

➤ Transaction is expected to close around 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟰, 𝟮𝟬𝟮𝟲.

➤ Investment expands the companies' strategic 𝘀𝗶𝗹𝗶𝗰𝗼𝗻 𝗰𝗮𝗿𝗯𝗶𝗱𝗲 partnership.

➤ Magnachip is licensing Navitas' 𝗚𝗲𝗻𝗲𝗦𝗶𝗖™ 𝗧𝗿𝗲𝗻𝗰𝗵-𝗔𝘀𝘀𝗶𝘀𝘁𝗲𝗱 𝗣𝗹𝗮𝗻𝗮𝗿™ technology.

➤ Technology targets 𝟭,𝟮𝟬𝟬𝗩, 𝟮,𝟯𝟬𝟬𝗩, 𝟯,𝟯𝟬𝟬𝗩 and higher-voltage applications.

➤ Magnachip plans to internalize the technology at its 𝗦𝗼𝘂𝘁𝗵 𝗞𝗼𝗿𝗲𝗮 fab.

➤ Companies target 𝗲𝗻𝗲𝗿𝗴𝘆, grid, storage, industrial, automotive and high-power applications.

➤ Partnership could expand into broader 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 and product development.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Equity investment strengthens the alignment between 𝗡𝗮𝘃𝗶𝘁𝗮𝘀 and 𝗠𝗮𝗴𝗻𝗮𝗰𝗵𝗶𝗽.

➤ Could accelerate Magnachip's expansion into 𝗵𝗶𝗴𝗵-𝘃𝗼𝗹𝘁𝗮𝗴𝗲 𝗦𝗶𝗖 markets.

➤ Local manufacturing could broaden Magnachip's advanced 𝗽𝗼𝘄𝗲𝗿 𝘀𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 capabilities.

➤ Collaboration targets growing electrification and 𝗲𝗻𝗲𝗿𝗴𝘆 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿 demand.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗖𝗵𝗮𝗲 𝗟𝗲𝗲, Chief Executive Officer of Magnachip:

“Navitas’ investment represents an important next step in our strategic partnership and demonstrates a shared commitment to the opportunities we are pursuing together,” said Chae Lee, Chief Executive Officer of Magnachip. “By combining Navitas’ proven GeneSiC technology and materials ecosystem with Magnachip’s power semiconductor expertise, manufacturing capabilities and customer relationships, we believe we can accelerate our entry into attractive high-voltage and ultra-high-voltage markets. More importantly, we believe the combination of Navitas’ SiC technology with Magnachip’s silicon power technologies and manufacturing capabilities creates opportunities to develop a new generation of differentiated power solutions that address emerging customer needs that we believe are not adequately served by products available today. We look forward to deepening our collaboration as we execute our long-term growth strategy.”

𝗖𝗵𝗿𝗶𝘀 𝗔𝗹𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗲, President and Chief Executive Officer of Navitas:

“Magnachip is an important strategic partner for Navitas, and this investment reflects our confidence in the relationship and the value we believe the two companies can create together in the years ahead,” said Chris Allexandre, President and Chief Executive Officer of Navitas. “Our initial technology and licensing collaboration established a strong foundation. This investment further aligns our interests and reflects our shared belief that the combination of our complementary technologies can create new opportunities across high-voltage and ultra-high-voltage applications. We look forward to working closely with Magnachip to expand the adoption of advanced GeneSiC technologies and explore opportunities for broader technology and product collaboration.”

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Navitas Targets September Shipments of U.S.-Made Gen 5 GaNFast Chips With GlobalFoundries - $Navitas Semiconductor(NVTS.US) $GlobalFoundries(GFS.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗡𝗮𝘃𝗶𝘁𝗮𝘀 targets first 𝗚𝗲𝗻 𝟱 𝗚𝗮𝗡𝗙𝗮𝘀𝘁 wafer shipments in September.

➤ Production uses 𝗚𝗹𝗼𝗯𝗮𝗹𝗙𝗼𝘂𝗻𝗱𝗿𝗶𝗲𝘀' 𝟮𝟬𝟬𝗺𝗺 Vermont GaN-on-silicon facility.

➤ Initial portfolio includes 𝟲𝟱𝟬-𝘃𝗼𝗹𝘁 GaN power FETs.

➤ Products span 𝗥𝗗𝗦(𝗢𝗡) values from 𝟭𝟭𝗺Ω to 𝟭𝟱𝟬𝗺Ω.

➤ Internal samples are scheduled for 𝗢𝗰𝘁𝗼𝗯𝗲𝗿.

➤ Strategic customer samples are targeted before 𝟮𝟬𝟮𝟲 year-end.

➤ Gen 5 targets 𝗔𝗜 infrastructure and high-performance computing applications.

➤ Technology also targets industrial electrification and 𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 applications.

➤ Navitas reports over 𝟯𝟬𝟬 issued and pending GaN/SiC patents.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Establishes a 𝗨.𝗦.-𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 manufacturing source for Navitas' advanced GaN technology.

➤ Could strengthen domestic supply resilience for critical 𝗔𝗜 power infrastructure.

➤ 𝗚𝗮𝗡 power chips can enable efficient power conversion in compute systems.

➤ September shipments mark a key step toward broader 𝗚𝗲𝗻 𝟱 commercialization.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗖𝗵𝗿𝗶𝘀 𝗔𝗹𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗲, President and CEO of Navitas:

"Together with GlobalFoundries, we have established a trusted US-domestic manufacturing source for our GaNFast Gen 5 and future generations, which will play a critical role in powering AI infrastructure and high-performance computing while strengthening the resilience of the U.S. semiconductor ecosystem"

𝗞𝗮𝗻𝗻𝗮𝗻 𝗦𝗼𝘂𝗻𝗱𝗮𝗿𝗮𝗽𝗮𝗻𝗱𝗶𝗮𝗻, Senior Vice President of GlobalFoundries' Power Business:

"demonstrates how GF and Navitas are turning advanced GaN innovation into a secure, scalable domestic supply."

I was hated when I said this $Applied Optoelectronics(AAOI.US) is heading to 100 and lower. I dont hate the stock, its just technicals and this one ran too much too fast with out fundamentals backing it up. There are many such names out there still at stupid valuations. Tough to speak truth here without getting hate.

Always look at fundamentals, especially PEG, P/S and Forward P/E of your names. Don't blindly buy because someone on X said something. The same people who were bullish on $SoundHound AI(SOUN.US)'s, $Navitas Semiconductor(NVTS.US)'s, $BigBear.ai(BBAI.US)'s are not talking about them anymore.

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Navitas Semiconductor(NVTS.US) Navitas Licenses GeneSiC Technology to Magnachip for High-Voltage Power Markets

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗡𝗮𝘃𝗶𝘁𝗮𝘀 and 𝗠𝗮𝗴𝗻𝗮𝗰𝗵𝗶𝗽 sign a 𝗚𝗲𝗻𝗲𝗦𝗶𝗖 technology licensing agreement.

➤ Magnachip gains access to 𝗚𝗲𝗻𝗲𝗦𝗶𝗖 𝗧𝗿𝗲𝗻𝗰𝗵-𝗔𝘀𝘀𝗶𝘀𝘁𝗲𝗱 𝗣𝗹𝗮𝗻𝗮𝗿 technology.

➤ Agreement covers 𝟭,𝟮𝟬𝟬𝗩, 𝟮,𝟯𝟬𝟬𝗩, 𝟯,𝟯𝟬𝟬𝗩, and higher-voltage platforms.

➤ Magnachip will access Navitas' 𝗦𝗶𝗖 supply chain and materials ecosystem.

➤ Technology will be qualified at Magnachip's 𝗦𝗼𝘂𝘁𝗵 𝗞𝗼𝗿𝗲𝗮 fabrication facility.

➤ Target markets include 𝗲𝗻𝗲𝗿𝗴𝘆, 𝗴𝗿𝗶𝗱, 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹, and 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 applications.

➤ Initial focus is on the 𝗦𝗼𝘂𝘁𝗵 𝗞𝗼𝗿𝗲𝗮𝗻 market.

➤ Companies expect to announce additional 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 details later.

➤ 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 terms of the agreement were not disclosed.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗖𝗵𝗿𝗶𝘀 𝗔𝗹𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗲, President and CEO of Navitas:

“This strategic partnership with Magnachip reflects our long-term vision to broaden GeneSiC adoption across high-voltage and ultra-high-voltage power markets.”

𝗖𝗵𝗮𝗲 𝗟𝗲𝗲, Chief Executive Officer of Magnachip:

“This agreement opens an important new market opportunity for Magnachip in high-voltage and ultra-high-voltage SiC. The addition of GeneSiC technology complements our existing MOSFET and power semiconductor portfolio.”

Semiconductor stocks this week and month with a beta > 1.0

Worst Performing (1-Week)

$AXT(AXTI.US): -27.15%

$Astera Labs(ALAB.US): -23.41%

$Marvell Tech(MRVL.US): -22.60%

$Maxlinear(MXL.US): -22.34%

Worst Performing (1-Month)

$AXT(AXTI.US): -58.85%

$Navitas Semiconductor(NVTS.US): -50.46%

$Vishay Intertech(VSH.US): -42.81%

$Atomera(ATOM.US): -40.11%

1. There are value names

2. There are growth names

3. There are speculative names

Any AI name you buy, see which bucket they belong to.

$NVIDIA(NVDA.US), $Micron Tech(MU.US), $Broadcom(AVGO.US), $GE Vernova(GEV.US), $Dell Tech(DELL.US) etc belongs to 1 & 2

$Bloom Energy(BE.US), $Corning(GLW.US), $Marvell Tech(MRVL.US) belongs 2

$Navitas Semiconductor(NVTS.US), $Alpha &Omega(AOSL.US), $Maxlinear(MXL.US), etc belongs to 3.

Don't confuse and oversize in wrong names.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Navitas Semiconductor(NVTS.US) Navitas Launches New 𝐔𝐇𝐕-𝐓𝐎-𝟐𝟒𝟕-𝟒-𝐈𝐒𝐎 SiC MOSFET Package

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ Navitas unveils 𝐔𝐇𝐕-𝐓𝐎-𝟐𝟒𝟕-𝟒-𝐈𝐒𝐎 package for SiC MOSFETs.

➤ Package supports 𝟏𝟐𝟎𝟎𝐕 to 𝟑𝟑𝟎𝟎𝐕 𝐆𝐞𝐧𝐞𝐒𝐢𝐂™ power devices.

➤ Features over 𝟔,𝟎𝟎𝟎𝐕 integrated isolation and 𝟏𝟐𝐦𝐦+ creepage distance.

➤ Eliminates need for external 𝐡𝐢𝐠𝐡-𝐯𝐨𝐥𝐭𝐚𝐠𝐞 𝐢𝐬𝐨𝐥𝐚𝐭𝐢𝐨𝐧 components.

➤ New design cuts thermal resistance by up to 𝟔𝟎%.

➤ Enables up to 𝟏𝟓𝟎% higher 𝐩𝐨𝐰𝐞𝐫 𝐝𝐢𝐬𝐬𝐢𝐩𝐚𝐭𝐢𝐨𝐧 capability.

➤ Targets 𝐠𝐫𝐢𝐝, energy storage, solid-state transformer, and renewable applications.

💬 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

“UHV-TO-247-4-ISO represents a breakthrough in high-voltage power semiconductor packaging,” said Paul Wheeler, VP and GM of the SiC Business Unit at Navitas.

“The package overcomes critical thermal and isolation challenges, delivering power module–class performance in a compact discrete form factor.”