NVTS is trading at $21.43 (+10.29%) as investors react to renewed optimism surrounding the company's AI data center and high-power market pivot.
- The company’s latest operating-breakeven analysis highlights sequential AI infrastructure revenue growth and significant Navitas 2.0 progress.
- Shares are also benefiting from a broadly stronger tech tape, with the Nasdaq rising as traders lean into AI-related names ahead of Nvidia’s earnings report.