stableBullishTECHNOLOGY

Navitas Semiconductor to acquire Claros for $232.8 million to boost AI power tech

2 signals from 2 sources·Updated 27 days ago

Momentum

36/100

Affected tickers

NVTS

Summary

Navitas Semiconductor is buying Claros for up to $232.8 million to expand its AI data center power management capabilities. Watch for NVTS to move as it integrates this technology to target an $8 billion market.

Contributing sources (2)

Navitas Semiconductor Corp files 8-K regarding material definitive agreement and regulatory guidance · sec.gov · 30 days ago
Navitas Semiconductor to acquire Claros for $232.8 million to boost AI power tech · cryptobriefing.com · 29 days ago

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