Navitas Shares Gain After New Nvidia Power Board Launch
Navitas launched a 24-kilowatt power board for Nvidia AI data centers. Its shares rose 6% in after-hours trading after a sharp regular-session drop.
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what happened
According to Newsmetry API, shares of Navitas Semiconductor rose after the company introduced a new power-delivery board designed to support Nvidia power architectures in artificial-intelligence data centers. The stock climbed 6% to $10.58 in Monday’s after-hours trading, following a decline of more than 7% during the regular session. Through the close, the shares were up 40% this year.
The 24-kilowatt board expands Navitas’ portfolio of 800 AI data-center platforms. It builds on the previously announced 20-kilowatt board developed with Nvidia.
Designed in Nvidia’s latest form factor, the board can be integrated into the compute motherboard as near as possible to XPUs. That design helps limit power-delivery losses and meet high-power requirements. A simplified power architecture is also intended to improve system efficiency and reliability while reducing energy losses, board area and overall power-delivery complexity.
why it matters
The launch deepens Navitas’ work with Nvidia and highlights the importance of power-management hardware for AI infrastructure. The share move followed the company’s expansion of its product portfolio.
instruments
sources
- Navitas Shares Rise After Launching Power-Delivery Board for Nvidia — Newsmetry API, 12 October 2026 at 21:37 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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