Navitas Sees Accelerated Demand in Q2 Due to 'Power Bottlenecks' in AI Infrastructure

Navitas Semiconductor Corp (NASDAQ: NVTS ) reported financial results for the second quarter after the closing bell on Monday.

Here’s a look at the key details f rom the print.

Navitas Semiconductor stock is seeing increased attention.

Why is NVTS stock trending today? Navitas Q2 Highlights Navitas Semiconductor reported second-quarter revenue of $10.53 million, beating analyst estimates of $9.97 million, according to Pro.

Revenue grew 22% sequentially with high-power markets increasing more than 50% year-over-year.

Total revenue was down from $14.5 million in the second quarter of 2025.

The company reported an adjusted loss of four cents per share for the quarter, in line with analyst estimates.

Navitas ended the period with $557.4 million in cash and cash equivalents. “With the rapid adoption of AI, we are seeing accelerated market demand to overcome critical power bottlenecks in AI infrastructure, both within AI data centers as well as the requisite grid and energy infrastructure needed to power them,” said Chris Allexandre, president and CEO of Navitas.

Navitas Semiconductor expects third-quarter revenue to be between $13 million and $14 million versus estimates of $11.06 million.

The midpoint of this guidance would return the company to year-over-year revenue growth.

Navitas said it will complete its transition away from mobile and low-end consumer markets by the end of the year and nearly all sales will come from high-power markets.

Navitas executives will further discuss the quarter on an earnings call with investors and analysts at 5 p.m.

ET.

NVTS Shares Stall After Hours NVTS Price Action: Navitas Semiconductor shares were down 3.07% in Monday’s after-hours session, trading at $11.06 at the time of publication, according to Pro.

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