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Navitas Semiconductor Corporation (NASDAQ:NVTS) is one of the Best Semiconductor Stocks to Buy Under $20. On July 31, the company announced that Xiaomi’s next-generation 90W GaN charger will be powered by Navitas Semiconductor Corporation (NASDAQ:NVTS)’s GaNSense Control ICs. The charger integrates Navitas Semiconductor Corporation (NASDAQ:NVTS)’s NV9580 GaNSense Control power IC on the primary side and NV9701 synchronous rectification controller IC on the secondary side.
As per Charles Zha, SVP and APAC GM of the company, the launch of Xiaomi’s 90W GaN charger happens to be a new milestone in its collaboration with Xiaomi. By combining the innovation of GaNSense Control ICs and Xiaomi’s leading system expertise, Navitas Semiconductor Corporation (NASDAQ:NVTS) delivered a new benchmark for the ultra-portable fast-chargers.
The company announced the world’s first production-released 650 V bi-directional GaN ICs and IsoFast™ high-speed isolated gate-drivers, resulting in a paradigm shift in power by allowing the transition from two-stage to single-stage topologies. Navitas Semiconductor Corporation (NASDAQ:NVTS) also announced a 12 kW AI data center power supply platform and unprecedented reliability standards for GaN and SiC technology. These achievements, along with its $450 million of design wins announced last year, place it for growth later this year and in 2026 and beyond.
While we acknowledge the potential of NVTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now
Disclosure: None. This article is originally published at Insider Monkey.
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