04:57 PM EDT, 05/21/2025 (MT Newswires) -- Navitas Semiconductor ( NVTS ) shares more than doubled in after-hours trading Wednesday after the company said its technology was chosen by Nvidia ( NVDA ) for its 800 V HVDC architecture to support Kyber rack-scale systems powering its graphics processing units.
GaNFast and GeneSiC power technologies were selected to support Nvidia's ( NVDA ) GPUs such as Rubin Ultra, Navitas Semiconductor ( NVTS ) said Wednesday in a statement.
Nvidia ( NVDA ) shares fell 0.3% in after-hours trading.
Price: 5.23, Change: +3.32, Percent Change: +173.83