04:44 AM EDT, 05/22/2025 (MT Newswires) -- (Updates with the latest stock move in the headline and the first paragraph.)

Navitas Semiconductor ( NVTS ) shares soared 175% in recent premarket activity Thursday after the company said overnight 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 said late Wednesday.

Nvidia ( NVDA ) shares were up 0.8% in recent premarket activity Thursday.