Navitas Says AI Infrastructure Business Could More Than Triple in 2027
Photo: TokenPost
Navitas Semiconductor said its AI infrastructure business could more than triple in 2027, signaling a growing role for data-center and grid power systems as the company shifts toward higher-power markets. President and CEO Chris Allexandre said on a Nov. 3 earnings call, “We are clearly seeing a potential for that business to more than triple next year, right?” The projection is a management expectation. Navitas has not disclosed a dollar estimate for the business’s 2027 revenue. The company expects AI infrastructure to account for more than 40% of total revenue by the end of 2026.
Source: TokenPost
