Navitas Semiconductor (NVTS) Stock: Company Acquires Claros to Target $8 Billion AI Market

TLDR

• Navitas Semiconductor rose 5% in pre-market trading after announcing a deal to acquire Claros, Inc. for up to $232.8 million.
• The deal adds vertical power delivery and integrated voltage regulator technology to Navitas’ AI data center power portfolio.
• Approximately $216 million will be paid at closing via cash and Class A common stock, with the rest tied to milestones.
• The acquisition is expected to more than double Navitas’ 2030 serviceable addressable market to over $8 billion.
• Navitas said its profitability timeline remains unchanged following the deal.

Navitas Semiconductor (NVTS) jumped 5% in pre-market trading on Tuesday after announcing it had signed a definitive agreement to acquire Claros, Inc. for up to approximately $232.8 million.

Navitas Semiconductor Corp, NVTS

Claros, founded in 2024, develops vertical power delivery (VPD) and integrated voltage regulator (IVR) technology aimed at AI data centers. The technology places voltage conversion directly next to the chip, rather than routing power across a circuit board, which improves efficiency.

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