Is Navitas Semiconductor Stock Going to $0?
Silicon has been the industry standard among microchips since the late 1950s. Navitas Semiconductor (NASDAQ: NVTS) is trying to disrupt the status quo. The company is developing advanced semiconductors using gallium nitride (GaN) for low and medium-voltage applications, and silicon carbide (SiC) for high-voltage uses.
The goal is to achieve an efficiency upgrade, with more advanced materials and technology-enabling semiconductors that are more powerful while consuming less energy.
But Navitas Semiconductor is struggling from a business standpoint. Its revenue has declined since mid-2024, and its cash losses are almost as significant as its top line. Is Navitas Semiconductor a stock headed for $0? Or is there more here?
Source Fool.com
