Navitas Semiconductor Corp is trading 4.5% up at $23.34 in pre-market, extending its sharp rebound over the past week after a steep selloff earlier in June.

  • The move appears tied to sustained momentum and speculative interest in AI-oriented power semiconductor names.
  • Gains are supported by a broadly positive U.S. equity futures backdrop following recent Fed-driven volatility.
  • There are no fresh company-specific headlines or earnings releases reported for the June 18 session.