May. 28 at 2:44 PM
$IPWR
AI racks are moving from 10–50kW to 600kW+ and toward MW scale with Rubin Ultra, making 400V AC obsolete and pushing the industry toward 800V DC architectures.
But 800V creates a new problem: DC has no natural zero crossing, so faults sustain arcs and mechanical breakers are too slow. Solid-state microsecond switching becomes mandatory infrastructure.
$IPWR’s B-TRAN concept: a single bidirectional switch that reduces components, heat, and losses, designed for high-density AI power systems.
Progress:
• LOI with US hyperscaler for 800V solid-state breaker prototype
• Prototype target 2026, potential ramp 2027
• Pipeline up ~50%, new CEO from
$ON
Risk:
•
$0 revenue today, no production orders
• Still early-stage validation phase
But balance sheet is clean, cash-supported, slow burn, making downside more “stagnation” than collapse.
If 800V becomes standard, this could become a critical infrastructure win.
