Update
NVTS Acquires Claros to Expand AI Power Opportunity
NVTS has acquired Claros, adding integrated voltage regulators to its AI processor. This move doubles NVTS's AI power opportunity to $8 billion by 2030, according to CEO Chris Allexandre. The acquisition covers the entire power path, from 10 kV SiC near the grid to 800V rack conversion, in-rack GaN, and on-chip power.