Navitas Semiconductor Company (NASDAQ:NVTS) is without doubt one of the greatest rising know-how shares to spend money on. On December 11, Navitas Semiconductor introduced a big growth of its partnership with Avnet (NASDAQ:AVT). The settlement elevates Avnet to a globally franchised distribution accomplice, constructing upon the profitable current relationship between Navitas and Avnet Silica in Europe. The transfer is a part of a broader technique by Navitas to consolidate its franchised distribution community and strengthen its international channel presence.
As one of many world’s largest digital part distributors, Avnet will now present worldwide technical and industrial experience for Navitas’ superior GaNFast/GaN and GeneSiC/SiC portfolios. These extensive bandgap semiconductor units are designed for high-voltage and high-power purposes. By aligning with Avnet’s international framework, Navitas goals to offer prospects with sooner, extra dependable product entry and constant technical help throughout all geographic areas.
The partnership is focused at high-growth, high-power sectors that demand energy-efficient options. These embrace AI knowledge facilities, high-performance computing, renewable vitality, grid infrastructure, and industrial electrification. In accordance with management from each corporations, the growth makes use of Avnet’s engineering depth to speed up the worldwide adoption of Navitas’ GaN and SiC platforms as industries transition towards extra superior energy designs.
Navitas Semiconductor Company (NASDAQ:NVTS) designs, develops, and markets energy semiconductors within the US, Europe, China, the remainder of Asia, and internationally.
Whereas we acknowledge the potential of NVTS as an funding, we consider sure AI shares supply better upside potential and carry much less draw back threat. If you happen to’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.
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Disclosure: None. This text is initially printed at Insider Monkey.
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