On June 2, Navitas Semiconductor rose 6.15% in pre-market trading, trading at $26.27/share, with trading volume of approximately $2.47 million.

On the news front, NVIDIA recently announced its next-generation 800V DC power architecture official partner list, with Navitas Semiconductor included as a leading GaN power semiconductor company. This partnership serves as a significant endorsement for entry into future AI data center power infrastructure. The 800V architecture is considered a critical upgrade to support the power density demands of next-generation AI accelerators, where even a 1% improvement in power conversion efficiency translates to hundreds of millions in annual savings for hyperscale operators.

The stock had declined sharply from its late-May highs, falling from approximately $32 to around $24 by June 1 after director Ranbir Singh sold over 3.72 million shares and persistent profit-taking pressure weighed on sentiment. The combination of an oversold technical setup and the NVIDIA partnership catalyst attracted buying interest in pre-market trading.

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