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

By Trader Edge at 2026-09-24 14:10

Sentiment: Positive

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 post Navitas Semiconductor (NVTS) Stock: Company Acquires Claros to Target $8 Billion AI Market appeared first on CoinCentral. Continue reading...

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