NVTS is trading 4.4% up at $20.28, rebounding after a sharp drop tied to a newly announced $125 million at-the-market equity offering that sparked dilution concerns.
- The bounce suggests bargain-hunting and short-covering as the market digests the capital raiseβs impact.
- Broader semiconductor and AI infrastructure optimism ahead of key Nvidia earnings is providing a supportive backdrop for high-growth chip names like NVTS.