AI Chips Update - Navitas Expands Global Reach With Avnet Partnership

Navitas Semiconductor has broadened its global distribution network through an expanded partnership with Avnet, a leading electronic component distributor. This extended collaboration, building on an existing relationship with Avnet Silica in Europe, positions Avnet as a globally franchised partner to support markets experiencing rapid growth, such as AI data centers, high-performance computing, and industrial electrification. By consolidating its distribution network, Navitas aims to provide consistent global access to its GaN and SiC high-voltage semiconductor devices, ensuring customers receive fast and reliable access along with technical support worldwide. This strategic move leverages Avnet's expertise and global reach to accelerate the adoption of Navitas' innovative platforms in high-power markets.

Elsewhere in the market, Winbond Electronics (TWSE:2344) was a standout up 8.9% and closing at NT$74.50, close to the 52-week high. Meanwhile, Moore Threads Technology (SHSE:688795) trailed, down 13.4% to close at CN¥814.88.

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Best AI Chip Stocks

• Advanced Micro Devices (NasdaqGS:AMD) closed flat at $221.43.
• NVIDIA (NasdaqGS:NVDA) finished trading at $180.93 down 1.6%. On Tuesday, Super Micro announced the expansion of its NVIDIA Blackwell architecture portfolio with new liquid-cooled systems for enhanced GPU density and power efficiency in hyperscale data centers.
• Micron Technology (NasdaqGS:MU) settled at $258.46 down 2%, near its 52-week high.

Key Takeaways

• Explore the 81 names, such as SK hynix, JCET Group and National Silicon Industry Group, from our AI Chip Stocks screener here.
• Curious About Other Options? AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Navitas Expands Global Distribution Network with Avnet" from Navitas Semiconductor Corporation on GlobeNewswire (published 11 December 2025)

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