Navitas Semiconductor (NASDAQ:NVTS) Trading Down 3.1% - Here's What Happened

Navitas Semiconductor (NASDAQ:NVTS) Trading Down 3.1% - Here's What Happened

Navitas Semiconductor (NASDAQ:NVTS) Shares Down 3.1% - Here's What Happened

A Closer Look at GlobalFoundries (GFS) Valuation After Strategic GaN Partnership With Navitas Semiconductor

GlobalFoundries (GFS) has drawn increased attention from investors after unveiling a long-term strategic partnership with Navitas Semiconductor. This collaboration targets U.S.-based GaN design and manufacturing for high-power applications such as AI datacenters and energy infrastructure. See our latest analysis for GlobalFoundries. GlobalFoundries’ latest moves, including its GaN manufacturing alliance and new wins in aerospace chips, are stirr…