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30,447 signal articles · 144 in last 24h · 154,069 total before filter · latest 28m ago

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Benzinga30d agoneutral

Navitas Accelerates AI Power Push With Claros Acquisition, Eyes $8 Billion Market

Navitas Semiconductor Corp (NASDAQ:NVTS) shares rose in Tuesday premarket trading after the company announced a definitive agreement to acquire Claros, Inc. for up to approximately $232.8 million, expanding its AI data-center power portfolio. Navitas Expands AI Power Portfolio The acquisition would add Claros’ vertical power delivery, or VPD, and integrated voltage regulator, or IVR, technologies to Navitas’ GaN and high-voltage silicon carbide portfolio. Navitas said the combination would exten

NVTS

Zacks78d agoneutral

onsemi's Divestitures Strengthen Fab Right Strategy: Here's How

ON's Fab Right divestitures aim to cut costs, lift efficiency and support higher-margin growth in AI data centers, automotive and industrial markets.

NVTS ON TXN