🟢 Navitas Semiconductor is trading 9.28% up today after announcing definitive agreement to acquire Claros

Navitas Semiconductor is trading at $13.37, up +9.28%, after announcing a definitive agreement to acquire Claros for approximately $232.8 million.

• The deal adds vertical power delivery and integrated voltage-regulator technology for AI data centers.
• It could potentially more than double Navitas’ serviceable market to over $8 billion by 2030.
• The company-specific catalyst is outweighing a broader semiconductor-sector decline, with SOXX down 3.39%.