Shares of Navitas Semiconductor moved sharply higher after the company announced a series of strategic partnerships aimed at scaling adoption of gallium nitride power technology across high growth markets. Investor sentiment was buoyed by new alliances that expand both engineering reach and global distribution at a time when demand for efficient power solutions is accelerating.
Navitas said its collaboration with Cyient will support design led adoption of GaN devices in applications spanning AI infrastructure electric mobility and renewable energy systems. The partnership is expected to strengthen local ecosystem engagement and shorten time to market for customers integrating next generation power semiconductors.
In parallel the company deepened its distribution relationship with Avnet, enhancing access to Navitas products across data centres industrial power and consumer fast charging segments. The expanded channel footprint is designed to improve customer support and accelerate volume deployment worldwide.
Together the moves underline Navitas’s strategy to pair differentiated GaN technology with strong partners to capture emerging electrification opportunities. Markets interpreted the announcements as a clear signal of execution momentum reinforcing confidence in the company’s growth narrative.