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benzinga Corporate Catalyst Impact 65/100 ● positive

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

Sep 1, 2026, 12:12 PM UTC · Primary ticker $NVTS

Navitas Semiconductor and GlobalFoundries are partnering to begin shipments of Navitas' 5th generation GaNFast technology in September. This collaboration leverages GlobalFoundries' U.S. manufacturing capabilities, aiming to strengthen the domestic supply chain for critical infrastructure and AI applications, potentially boosting both companies' market positions in the GaN sector.

Navitas Semiconductor and GlobalFoundries are announcing the imminent first shipments of Navitas' 5th generation GaNFast technology, beginning in September. This collaboration is significant because it combines Navitas' advanced GaN technology with GlobalFoundries' U.S.-based 200mm manufacturing, aiming to secure the domestic supply chain for next-generation AI and critical infrastructure. This move is a positive for both companies, as it could lead to increased market share and revenue in the rapidly growing GaN power semiconductor market. For traders, this represents a short-term opportunity for NVTS and GFS as the news highlights a new product cycle and strategic partnership, potentially boosting investor confidence and stock performance. The long-term implication is a strengthened position in the GaN market, especially within the U.S. supply chain context.

$NVTS positive New product shipment, strategic partnership
$GFS positive Manufacturing partnership, U.S. supply chain focus
Source: benzinga
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