US Stock Market Movement: Navitas Semiconductor surges on September 29, driven by 10kV project and SiC chips

Navitas Semiconductor September 29 Surge Analysis

Keywords: 10kV project, SiC chip

1. On September 28, the company announced it was awarded the ALATTIS project to develop next-generation 10kV silicon carbide (SiC) power semiconductor technology, and to develop and verify ultra-high voltage SiC device manufacturing processes through design, manufacturing, and testing.

2. On September 28, the company disclosed that its main business is next-generation GaNFast gallium nitride and GeneSiC silicon carbide power semiconductors. The project selection recognized the company's capabilities in ultra-high voltage SiC technology and manufacturing supply chain.

(Disclaimer: This content is generated by AI technology based on publicly available information for reference only and does not constitute investment advice.)