Stock Markets May 11, 2026 09:46 AM

Navitas Stock Climbs After Cyient Debuts India’s First GaN Power IC Family

Seven 650V GaN devices launched for edge AI, e-mobility and fast-charging markets as Navitas technology is licensed for India

By Maya Rios NVTS

Navitas Semiconductor shares rose 18% after partner Cyient Semiconductors introduced India’s first commercial gallium nitride (GaN) power IC family built on Navitas technology. The seven-device portfolio, rated to 650V, targets applications including edge AI computing, e-mobility, data center power and consumer fast charging. Under a partnership announced in December 2025, Cyient will license Navitas’s GaN technology for use in India and act as a second source for certain Navitas parts already in mass production. Cyient expects to begin sampling the initial products by June 2026.

Navitas Stock Climbs After Cyient Debuts India’s First GaN Power IC Family
NVTS

Key Points

  • Navitas shares rose 18% after Cyient launched India’s first commercial GaN power IC family using Navitas technology.
  • The seven new devices are rated to 650V and target edge AI computing, e-mobility, AI data centers, telecommunications, consumer fast charging, and industrial power systems.
  • Under a December 2025 agreement, Cyient will license Navitas’s GaN technology for India and act as a second source for certain mass-produced Navitas GaN devices; sampling is expected by June 2026.

Market reaction and context

Navitas Semiconductor (NASDAQ:NVTS) shares rose 18% on Monday following the launch by partner Cyient Semiconductors of what Cyient described as India’s first commercial family of gallium nitride (GaN) power integrated circuits using Navitas technology. The announcement centers on a seven-device lineup, each rated to 650V, intended for the Indian market.

Product and market focus

Cyient Semiconductors said the new GaN portfolio addresses demand for higher-efficiency power solutions across a range of sectors. The company identified target applications that include edge AI computing, e-mobility, AI data centers, telecommunications power systems, consumer fast charging, and industrial power supplies. The offering is presented as Cyient’s first commercial GaN product family and is framed as a milestone in the development of India’s domestic power semiconductor ecosystem.

Partnership terms and supply role

Under the agreement established in December 2025, Cyient Semiconductors will license Navitas’s GaN technology for use within India. The arrangement also designates Cyient as a second source for select Navitas GaN devices that are already in mass production, providing customers in India with local support and supply assurance, according to the companies.

Technical characteristics and packaging

The companies highlighted GaN power semiconductors’ performance advantages over traditional silicon devices, citing higher switching speeds, lower conduction losses, and improved thermal efficiency. Cyient’s initial lineup concentrates on power applications up to 650V, with explicit examples including consumer USB-PD chargers, laptop and mobile adapters, AC-DC power supplies, AI data center and telecommunications power systems, and e-mobility charging platforms.

The first wave of offerings comprises seven integrated GaN power devices delivered in DPAK packages. Each device combines drive, control, and protection functions and incorporates integrated EMI management and current sensing.

Executive remarks and timing

Chris Allexandre, President and CEO of Navitas Semiconductor, said, "India is a key market in Navitas’s high growth, high power strategy with Navitas 2.0. This launch furthers our vision of a robust local supply chain and manufacturing in India for the governments ’Make in India’ initiatives."

Cyient Semiconductors indicated it expects to begin sampling the first set of GaN power products by June 2026.


Key points

  • Navitas stock jumped 18% after Cyient launched a seven-device GaN power IC family for India using Navitas technology.
  • The 650V-rated devices target edge AI, e-mobility, data center, telecoms, consumer fast charging, and industrial power applications.
  • Under a December 2025 agreement, Cyient will license Navitas’s GaN tech for India and act as a second source for select mass-produced Navitas parts, with sampling expected by June 2026.

Risks and uncertainties

  • Timing risk - Cyient’s plan to begin sampling by June 2026 is an expected timeline and could be subject to change.
  • Supply and commercialization risk - Cyient is positioned as a second source for select Navitas devices; the effectiveness of local supply assurance and commercial uptake in India remains to be demonstrated.
  • Market adoption risk - Demand across the listed target sectors (edge AI, e-mobility, data centers, telecoms, consumer fast charging, industrial power) will determine the commercial success of the new GaN portfolio.

Risks

  • Sampling timeline may change - Cyient expects to begin sampling by June 2026 but timing could be revised.
  • Commercial and supply execution - Serving as a second source and providing local supply assurance depends on successful commercialization and manufacturing scale-up.
  • Market adoption - The new GaN devices’ commercial success depends on uptake across edge AI, e-mobility, data center, telecoms, consumer charging, and industrial power sectors.

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