Investment
Features
FeesSafety
Academy
More
Pluang+

Navitas Semiconductor wins US Army contract to develop 10 kV silicon carbide power chips.

Market News
29 Sep 2026
Proactive Investors
View Source
Bullish
Navitas Semiconductor wins US Army contract to develop 10 kV silicon carbide power chips.

Navitas Semiconductor secured a US Army award to develop 10 kV silicon carbide power chips for military systems under the ALATTIS prototype project. This project aims to create a domestic manufacturing process for silicon carbide insulated-gate bipolar transistors and PiN diodes, combining Navitas' patented trench-assisted planar architecture with advanced diode technologies. Sponsored by the Army Research Laboratory, the initiative supports high-power electronics for defense and infrastructure, highlighting Navitas' strong US-based technology and supply chain. The new transistors will expand Navitas' product range beyond its existing silicon carbide MOSFETs, enhancing its ultra-high-voltage power technology portfolio.

Navitas Semiconductor's US Army award for high-voltage silicon carbide chips provides context for technology sector activity. For readers following technology stocks, here is Pluang's market snapshot as of Sep 29, 2026 23:41 WIB: out of 150 priced US technology stocks tradable on Pluang, 70 rose and 80 fell. Notable movers include ORCL at USD 138.24 with a 1-day change of +4.23%, GLW at USD 157.85 with +4.19%, and MRVL at USD 262.00 with +4.01%.

More News

Precision Optics posts 42% revenue growth and beats Q4 EPS estimates with improved margins.

Precision Optics posts 42% revenue growth and beats Q4 EPS estimates with improved margins.

Precision Optics Corporation reported a strong Q4 with record revenue of $8.8 million, a 42% increase year-over-year, surpassing analyst estimates of $7.1 million. The company also beat EPS expectations, posting -$0.01 versus the predicted -$0.06, si...

Company Fundamentals
Bullish
2 hours ago
Boot Barn's price target raised to $224, signaling 85% growth potential amid margin expansion plans.

Boot Barn's price target raised to $224, signaling 85% growth potential amid margin expansion plans.

Analyst firm Craig-Hallum adjusted Boot Barn Holdings' price target to $224, an 84.91% increase from its recent stock price of $121.14, reflecting strong growth potential. The company aims to expand merchandise margins by 60 basis points in fiscal 20...

Analyst Insights
Bullish
3 hours ago
Inventiva reports H1 2026 loss improvement, NATiV3 trial ends, topline results due Q4 2026

Inventiva reports H1 2026 loss improvement, NATiV3 trial ends, topline results due Q4 2026

Inventiva announced improved financial results for the first half of 2026, reducing its net loss to €69.5 million from €175.9 million the previous year. The company completed the final patient visit in its Phase 3 NATiV3 trial for MASH, with topline ...

Company Fundamentals
Neutral
3 hours ago
Jabil readies Q4 earnings amid strong AI growth and automotive sector concerns

Jabil readies Q4 earnings amid strong AI growth and automotive sector concerns

Jabil is set to report its Q4 earnings on September 30, 2026, with analysts expecting earnings per share around $4.07 and revenue near $9.71 billion, marking a 16.5% revenue increase year-over-year. The company is benefiting from robust growth in AI ...

Company Fundamentals
Bullish
3 hours ago
Netflix stock rises after Deutsche Bank upgrades it amid mixed analyst opinions.

Netflix stock rises after Deutsche Bank upgrades it amid mixed analyst opinions.

Netflix shares rose 1.5% after Deutsche Bank upgraded the stock from Hold to Buy, citing recent price declines as a buying opportunity and stronger international trends. However, other analysts remain cautious, with Wells Fargo downgrading Netflix to...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App