Navitas: Nvidia’s AI Power Broker?

Navitas Semiconductor has surged over 60% in May 2026 following its integration into NVIDIA's MGX ecosystem with an innovative 800V-to-6V power delivery board that eliminates legacy conversion stages and achieves 97.5% efficiency. The company's AI infrastructure revenue grew 50% quarter-over-quarter, though a $6 billion valuation and 18% short float create both opportunity and risk. Key concerns include execution timelines, insider selling near peak prices, and analyst caution about prolonged adoption cycles.