Navitas Semiconductor (NVTS) Q2 FY26 earnings call

Navitas Semiconductor delivered strong Q2 FY26 results, driven by a strategic pivot to high-power markets, particularly AI infrastructure, which is expected to comprise over one-third of sales by year-end. The company achieved double-digit sequential revenue growth and expanded gross margins, signaling the successful completion of its "Navitas 2.0" transformation ahead of schedule. Management is prudently increasing investments to capitalize on multi-year growth opportunities in AI data centers and grid energy infrastructure.