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Navitas surges 25% on Nvidia MGX partnership

Navitas Semiconductor · Jun 4, 2026 · NVIDIA
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ai-chip-demanddata-center-buildoutgpu-supply

Navitas announced a partnership with Nvidia for MGX (a data center accelerator platform), driving a 25% stock surge. The deal signals validation from a major AI chip leader and potential revenue opportunity in the booming data center market.

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