Navitas Semiconductor Corp is trading 24.05% up at $32.08 as enthusiasm builds for its next-generation power chips utilized in AI data center infrastructure.
- Retail interest and momentum buying are intensifying following recent volatility and strong gains tied to the company's high-power GaN solutions.
- The stock is significantly outperforming a weaker broader market, fueled by ongoing commentary regarding the company's leverage to high-power AI end markets.