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Power Integrations announced its industry-first 2200 V gallium-nitride technology on August 5, 2026. Separately, the stock edges higher on the day, trading at $50.02.
Power Integrations announced the first-ever 2200 V gallium-nitride technology on August 5, 2026. The technology enables support for higher-voltage applications as 1500 V designs are increasingly used in data centers and electric vehicles, according to Roy Dagher from Yole Group. Industry-first PowiGaN technology enables higher power density, greater efficiency, and safer and simpler system architectures, Circuit Cellar reported.
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RSI at 30.6 is nearing oversold territory, pointing to early signs that the recent decline may be getting stretched. Shares of Power Integrations continue to trade below their MA-20, MA-50, and MA-200, confirming that the daily chart structure remains bearish. The nearest support sits at the weekly low of $49.29, serving as a key reference point for further downside risk.
A close above $56.12 would show buyers are willing to follow through, hinting at growing acceptance of the recent news. With RSI at 30.6 nearing oversold territory, the market is showing early signs of stabilization after recent losses. Over the next five trading days, there is a 22% probability of upside and a 78% probability of further downside, with the expected trading range set between $46.66 and $53.37. Despite a sharp move lower over the past week without a sustained trend, from here a drop below $49.29 would show the move is being faded by the market. On the weekly chart the longer-term picture stays negative.
Earlier, analysts noted that Power Integrations faced a mixed technical setup and a prevailing downside risk despite its advancements in gallium-nitride technology. The current article signals a further deterioration in technical conditions, with the focus now on potential downside as shares approach key support at $49.29.