NVTS: Q2 revenue up 22% sequentially, with AI infrastructure set to drive over one-third of sales by year-end
Q2 2026 saw 22% sequential revenue growth, driven by high-power and AI infrastructure markets, with gross margin expanding to 39.5%. The business transformation is nearly complete, with mobile revenue now insignificant and AI infrastructure expected to be over one-third of sales by year-end.Based o…