Navitas Semiconductor gained investor interest after being featured in Nvidia's partner ecosystem event.

Navitas Semiconductor (NASDAQ:NVTS) shares surged roughly 26% on Wednesday after the company highlighted its participation in Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)'s partner ecosystem at a major industry event in Taipei, drawing investor attention to its role in next-generation AI data center power architectures.

The company participated in Nvidia's Partner Ceremony held on May 29, 2026, at the Taipei Nangang Exhibition Center, an event that brought together ecosystem partners supporting Nvidia's AI Factory MGX platform, which focuses on accelerating development of AI data centers using emerging 800 VDC rack architectures. Navitas' 800V-to-6V DC-DC power delivery board (PDB) is being showcased at Nvidia's AI Factory MGX Ecosystem Showcase at COMPUTEX 2026, held June 2 to 5 in Taipei.

The PDB is designed to eliminate the need for a traditional 48V intermediate bus converter stage within server trays, with the aim of improving efficiency, reliability, and space utilization in high-density computing environments. The system uses 16 GaNFast 650V FETs in a dual-cooled DFN8×8 package and is designed to reach up to 97.5% peak efficiency while operating at switching frequencies of 1 MHz, enabling a power density of about 2,100 W/in³ and supporting tighter integration with GPU boards to improve transient response and power distribution.

Navitas CEO Chris Allexandre stated that "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," noting that collaboration within Nvidia's MGX ecosystem supports the development of higher-density and more efficient AI infrastructure. Navitas' broader portfolio includes GeneSiC silicon carbide (SiC) solutions used in solid-state transformers, high-voltage power modules, and three-phase power supply units for AI data center applications, with GaNFast and SiC technologies intended to support power conversion from grid to GPU level with higher efficiency and density.

Shares of Nvidia traded down 3% at $216 on Wednesday.