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Navitas Semiconductor Corporation designs, develops, and sells gallium nitride (GaN) power integrated circuits in China, the United States, Taiwan, Korea, and internationally. Its products integrate GaN power with drive, control, and protection to enable faster charging, higher power density, and greater energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company was founded in 2013 and is based in Dublin, Ireland.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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