artisanwill
Equity & Options Trader, Analyst at The Option Cartel, MS Finance
Nvidia's higher token output per watt could win it share as access to power becomes a bigger constraint, according to Nvidia. The market expects further share losses to ASICs, helping explain its 15x calendar-2027 P/E; a small sentiment shift could expand the multiple. Nvidia remains especially attractive paired with shorts in semiconductors and should outperform the sector through its November 19 earnings. x.comÂ
Navitas being selected by the US Army to develop next-generation 10kV silicon carbide power semiconductors could open new markets. As the military builds domestic manufacturing and validation capacity, the project, if it progresses, would strengthen Navitas's credentials in high-voltage SiC and defense and help open defense, grid and data-center high-voltage power markets. The stock still does not look expensive and is rebounding off a major weekly trendline, which looks very bullish. x.comÂ
Navitas is exposed to a real thesis, power delivery as AI's next bottleneck, through a high-risk stock. Rack power is heading from 150kW to over 1,000kW, and Navitas has full-stack GaN and SiC, an 800V HVDC design partnership with Nvidia and a 96.5%-efficient 800V-to-6V board. But Q4 2025 revenue fell 59% to $7.3M, it trades near 211x trailing EV/revenue, loses money, revenue inflection is 2-3 years away, and Infineon, Vicor and Delta got similar Nvidia mentions. Valuation conviction is low. … Show more
Navitas Semiconductor's opportunity now spans the entire AI power stack, from the grid to the chip, not just GaN. As StockSavvyShay noted, closing Claros adds integrated voltage regulators next to AI processors and more than doubles Navitas's 2030 AI power opportunity to $8B, covering 10 kV SiC near the grid, 800V rack conversion, GaN in the rack and power at the chip. x.comÂ
Navitas Semiconductor has a bullish setup after announcing a collaboration with Nvidia, which sent the shares up 8%. x.comÂ
Navitas is a one-customer concentration story facing heavy competition from tier-one suppliers. Its GaN portfolio winning Nvidia adoption played out, but STMicroelectronics and Infineon also supply Nvidia and are strong in GaN and SiC. GaN output may quadruple by 2030, yet SiC prices were hammered by Chinese capacity, unresolved, so revenue and margins could diverge sharply. Power and thermal efficiency are better played across these names than through Navitas alone. x.comÂ
Nvidia looks interesting again because rising earnings estimates have not been reflected in its valuation. FY28 EPS estimates rose about 25% in 60 days while shares stayed roughly flat; it trades below 14 times FY28 earnings with a mid-single-digit free-cash-flow yield. Exponential change is hard to grasp, and it is hard to see Nvidia not winning if the US does, though there is little capital to absorb market wobbles. x.com x.comÂ
Navitas Semiconductor is one of the favorite names of 2026, pitched about 15 times this year, and it has risen 47% since the April 8 thesis. x.comÂ
Navitas Semiconductor's 20%-plus jump prices in a lot for a contract to develop, not to ship. The US Army selected Navitas to develop next-generation 10 kV silicon-carbide power semiconductors, a development deal rather than production revenue. x.comÂ
Navitas Semiconductor's acquisition of Claros makes it one of the only pure-play AI power companies spanning grid, rack, board, package and silicon. Claros adds power delivery integrated directly into the xPU, doubling the 2030 market opportunity to $8B+; Navitas is already designing for an unnamed xPU customer and Samsung Foundry signed on for US production. Power is the next AI battleground. Assuming half stock payment, dilution is only about 3% to double the addressable market. x.com x.com … Show more