Prediction: Navitas Semiconductor Will Soar Over the Next 5 Years. Here's 1 Reason Why.

A passing glance might rule out an investment in Navitas Semiconductor (NASDAQ: NVTS). The company loses more money than it currently collects in revenue, and the stock has floundered since the company's 2021 SPAC.Risk-tolerant investors still might want to put Navitas on their watch list, though, and maybe even in their portfolio. That's because the next five years should look very different.Simply put, Navitas Semiconductor is revolutionizing the silicon that's been found in most electronics and electrically powered devices for decades. Its well-patented silicon carbide (SiC) material allows for more power-efficient circuits, and can tolerate greater currents and more heat, making it suitable for everything from phone chargers to data center power supplies to utility grids. Simultaneously, Navitas has perfected the use of gallium nitride (GaN) in integrated circuits, which accomplishes the same but allows for much smaller circuitry.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool