Navitas Semiconductor Stock Explodes 19% in Early Trading on AI Power Momentum

Source: International Business Times

Navitas Semiconductor Stock Explodes 19% in Early Trading on AI Power Momentum Shares of Navitas Semiconductor Corp. skyrocketed more than 18% in early trading Tuesday, surging to $15. 66 as investors piled into the gallium nitride and silicon carbide power chip specialist amid growing optimism over its role supplying high-efficiency solutions for artificial intelligence data centers and next-generation energy infrastructure.