Navitas Semiconductor’s Pivot Under Pressure | Business and Finance News

Navitas Semiconductor’s stock tumbled 12% after missing earnings expectations, despite a revenue beat — but the real story is their bold pivot to high-power AI markets, calling it “Navitas 2.0,” as they shed low-margin consumer gear for higher-value data center chips, with Q3 guidance showing promise but investor nerves still rattled by the recent stumble. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/844ba97a4ece3418