1 hour ago
Navitas Semiconductor Corporation (NVTS) Stock: Rebounds as $233M Claros Acquisition Targets AI Power Growth
TLDR Navitas stock jumps 7.52% as its $233M Claros deal targets AI power growth. Claros adds vertical power delivery technology for next-generation AI data centers. Navitas expects the acquisition to lift its 2030 market opportunity above $8B. The deal strengthens Navitas across the full grid-to-processor AI power chain. Navitas keeps its profitability timeline unchanged as [...]
The post Navitas Semiconductor Corporation (NVTS) Stock: Rebounds as $233M Claros Acquisition Targets AI Power Growth appeared first on Blockonomi.
Source: Blockonomi →Related News
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