NuAxiSemiconductor trade intelligence
Navitas’ growth in data-center, EV, energy storage, solar, home appliance and industrial markets outweighs mobile softness
What happened
Navitas Semiconductor reported Q3 2022 revenue of $10.2M, up 19% sequentially and 82% year-over-year, driven by growth in data-center, EV, and industrial markets. The results include a partial quarter from the recently acquired GeneSiC, while mobile market demand softened. Watch: Strong demand in non-mobile sectors is a potential positive, but the acquisition integration and mobile softness create mixed signals for near-term supply/demand balance.
Impact and signal
Medium impactImpact score: 58/100
Affected components and suppliers
GaN Power ICsSiC Power Semiconductors
Navitas Semiconductor
earningsdemand-shiftacquisition
Source and time
Source: Semiconductor Today · 11/11/2022 · View original source
Open the NuAxi live feed →
Real-time pricing, supply signals and AI analysis for semiconductor traders