Recent advancements in AI chip technology have been spotlighted at Navitas Semiconductor's "AI Tech Night" event in Taipei, where the company showcased its latest power supply unit (PSU) platform for hyperscale data centers. The platform, featuring innovative GaNSafe™ and GeneSiC™ technologies, addresses the pressing demands for enhanced energy efficiency and power density necessitated by the exponential growth of AI workloads. Achieving a record-breaking power density and efficiency, the new PSU design overcomes traditional power architecture limitations and aligns with industry specifications for AI and hyperscale data centers. Navitas also introduced breakthrough technologies such as the IsoFast™ high-speed isolated gate drivers, which are set to revolutionize data center power supply design by integrating novel single-stage power topologies. The event underscored the industry's ongoing transformation towards more efficient and sustainable AI infrastructure.

In other market news, Waaree Energies was trading firmly up 2.1% and closing at ₹2,867.30. Meanwhile, Entegris lagged, down 4% to finish the session at $78.53.

Entegris is expediting qualification of new facilities to boost revenue and operational performance. Click through to explore how this strategic move could impact your investment decisions with Entegris.

For a detailed look into the driving forces of AI-powered automation and robotics, jump into our Market Insights article, exploring emerging trends transforming industries—read it before the window of opportunity closes!

Best AI Chip Stocks

QUALCOMM closed at $152.61 down 0.2%. NVIDIA closed at $134.83 down 0.4%. Three days ago, the company announced strategic partnerships with Saudi Arabia to advance AI capabilities, bolstering national infrastructure and training initiatives aligned with Vision 2030. Advanced Micro Devices settled at $114.99 down 2.3%. This week, AMD announced a $10 billion strategic alliance with HUMAIN to build a global AI infrastructure and increased its equity buyback plan to $14 billion.

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Sources:

Simply Wall St "Navitas Hosts “AI Tech Night” to Reveal Next Generation Platform for Hyperscale Data Centers" from Navitas Semiconductor Corporation on GlobeNewswire (published 15 May 2025)

Companies discussed in this article include NSEI:WAAREEENER NasdaqGS:QCOMNasdaqGS:NVDANasdaqGS:AMD and NasdaqGS:ENTG.

This article was originally published by Simply Wall St.

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