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Voltage Check: Navitas’ AI Power Pivot Gets Shocked — What Today’s 11% Drop Really Means

Voltage Check: Navitas’ AI Power Pivot Gets Shocked — What Today’s 11% Drop Really Means

Kai @ KAHROS

TL;DR

Quick Summary

  • $NVTS dropped ~11% as investors digest a high-power GaN/SiC pivot that still lacks firm timing and scale.
  • Q3 2025 guide (Nov 3): revenue ~$10M (-54% YoY), GM ~38.5%; dilution risk chatter persists.
  • Exposure via ETFs like SPDR S&P Semiconductor ETF ($XSD), Vanguard Info Tech ($VGT), and Russell 2000 ($IWM).

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