Navitas Retail Traders Stay Put Despite Stock’s Premarket Dip After Nvidia-Stoked 160% Rally

Navitas Semiconductor Corp. (NVTS) stock rallied over 160% on Thursday after the manufacturer of power semiconductor announced a partnership with artificial intelligence (AI) stalwart Nvidia Corp. (NVDA).

Torrance, California-based company Navitas, which specializes in gallium nitride and silicon carbide power semiconductors, said it was collaborating with Nvidia on the latter’s 800 V high voltage direct current (HVDC) architecture to support “Kyber” rack-scale systems powering the latter’s graphic processing units (GPUs) such as Rubin Ultra.

Navitas said, to meet the growing AI computational demands, Nvidia plans to directly convert the 13.8 kV AC grid power to 800 V HVDC at the data center perimeter using solid state transformers (SST) and industrial-grade rectifiers.

Gene Sheridan, CEO and co-founder of Navitas. “With our wide portfolio range, we can support NVIDIA’s 800V HVDC infrastructure, from grid to the GPU.”

Nvidia’s 800V HVDC architecture will improve end-to-end power efficiency up to 5%, reduce maintenance costs by 70% and lower cooling costs.

Navitas stock came under pressure earlier this month after the company reported in-line results for the first quarter of the fiscal year 2025.

Thursday’s rally helped Navitas stock record its biggest single-day gain ever, according to Koyfin data, with the stock crossing the $5 threshold for the first time in more than a year.

On Stocktwits, retail sentiment toward Navitas stock was ‘extremely bullish’ (93/100) early Friday, with the message volume at ‘extremely high’ levels.

A bullish user saw the stock rise further to the $6 level.

Another user shrugged off the nearly 8% drop in Friday’s premarket session as “normal volatility, and nothing more.”

The stock was among the top 20 trending equity tickers on Stocktwits early Friday, and within the top 10 active tickers.

Navitas stock ended Thursday’s session up 164.40% at $5.05, with the year-to-date gain at 41%.

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