The news is about NVTS technology being showcased by Nvidia; while it’s an operational/product-related catalyst, NVTS is not in the provided active_symbols list, so the dashboard can’t attribute the event to a tracked ticker.
Navitas (NVTS) Hits All-Time High — Nvidia May Hold the Reason Angelica Ballesteros Thu, June 4, 2026 at 4:52 AM GMT+2 2 min read NVTS NVDA Navitas Semiconductor Corp. (NASDAQ:NVTS) is one of the 10 Stocks With Remarkable Resilience. Navitas Semiconductor climbed to a new all-time high on Wednesday, after its technology was showcased by Nvidia Corp.
at the Computex 2026 in Taipei, Taiwan. In intra-day trading, the stock climbed to its highest price of $34. 16 at intra-day trading before paring gains to finish the session just up by 19.
14 percent at $30. 81 apiece. For illustration purposes only.
Photo from Pixabay/Pexels In a statement, Navitas Semiconductor Corp. (NASDAQ:NVTS) said that Nvidia featured its 800 V-to-6 V DC-DC power delivery board (PDB) in its AI Factory MGX Ecosystem Showcase. Thanks to Navitas GaNFast technology, the PDB features the latest DFN8×8 dual-cooled package, aiming for a peak efficiency of 97.
5 percent and switching frequency of 1 MHz, among others. It is also around 20 percent thinner than a mobile phone, while its ultra-low profile allows for extremely close integration with the GPU board, maximizing transient performance and enhancing power distribution efficiency. Through its comprehensive portfolio of GaN and SiC technologies, Navitas Semiconductor Corp.
(NASDAQ:NVTS) said that it continues to collaborate closely with Nvidia within the MGX ecosystem, helping enable open, modular AI infrastructure architectures and accelerating the industry’s transition toward next-generation AI factories. “As AI workloads continue to scale and drive unprecedented demand for compute, power delivery has become one of the most critical challenges in enabling next-generation gigawatt AI factories,” Navitas Semiconductor Corp. (NASDAQ:NVTS) President and CEO Chris Allexandre said.
“Through our collaboration with NVIDIA within the MGX ecosystem, Navitas is delivering GaN and SiC power technologies that enable megawatt-scale AI server racks with higher power density, a smaller system footprint, and improved thermal performance, helping accelerate the transition to more efficient and scalable AI infrastructure,” he added. While we acknowledge the potential of NVTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .
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