Why Navitas Semiconductor Shares Are Sliding On Friday?

Shares of semiconductor and chip companies are trading higher. The broader industry may be rallying alongside memory and storage-related peers.

Nvidia Sells the Brains of the AI Boom. Something Else Is Selling the Muscle -- and It's Not on Wall Street's Radar.

While Nvidia dominates AI chip sales, an overlooked opportunity exists in 800-volt power distribution equipment for data centers. This technology offers ~10% cost savings over conventional power supplies and is being developed by companies like Vertiv and Nvidia. Though the transition could take years given the industry's $700 billion annual AI infrastructure spending, this emerging sector presents significant long-term potential.

Shares of semiconductor companies are trading lower as inflation concerns and elevated oil prices push U.S. and global bond yields higher, raising concerns that the Federal Reserve could tighten monetary policy later this month. Higher rates can weigh on growth stocks by making future profits less attractive.

Navitas Semiconductor, In Partnership With GlobalFoundries, To Begin First Shipments Of 5th Generation Of GaNFast Tech In Sept.

Combining Navitas’ proprietary Gen 5 GaNFast™ technology and expertise with GlobalFoundries’ advanced U.S. 200mm manufacturing and process baseline strengthens U.S. leadership in GaN and secures the domestic supply

New Tech Tariff Uncertainty Puts Spotlight On Western Digital

Western Digital stock rose Friday morning as potential semiconductor tariffs on laptops and servers sparked fresh supply chain concerns.

Sandisk Bets $31B On Japan Memory Expansion With Kioxia

Sandisk and Kioxia plan to invest more than $31 billion in Japan through 2032, strengthening their partnership and flash memory capabilities.