Navitas Semiconductor (NVTS 9.20%) saw big gains in Tuesday's trading thanks to Trump-related catalysts. The company's share price ended the day's trading up 9.2%. Meanwhile, the S&P 500 index ended the day up 0.8%, and the Nasdaq Composite closed out the session up 0.6%.Navitas gained ground early in today's trading on news that President Trump was reversing an executive order on artificial intelligence (AI) that was enacted under the Biden administration. The company's share price got another boost later ...

Navitas Semiconductor (NVTS) shares have plunged 49.8% in the trailing 12-month period, underperforming the Zacks Computer & Technology sector’s 27.8% return and the Zacks Electronics Semiconductors industry’s appreciation of 56.8%.Shares of this gallium nitride (GaN) power ICs and silicon carbide (SiC) technology provider have underperformed industry peers including Marvell Technology (MRVL) , Broadcom (AVGO) and Credo Technology (CRDO) over the same timeframe. Shares of Marvell, Broadcom and Credo appreci ...

Market Performance - Navitas Semiconductor stock surged 11 3% as of 2 15 p m ET on Monday outperforming the S&P 500 which was up 0 5% and the Nasdaq Composite which was up 1% [1] - The broader semiconductor industry is experiencing strong gains driven by positive news for Nvidia and other AI-related companies [2] - Navitas stock has risen approximately 82% over the last three months but remains down 36% over the past year [5] Industry Catalysts - Foxconn's record Q4 revenue and strong demand for AI server products are boosting the semiconductor sector particularly benefiting Nvidia and other AI hardware infrastructure players [3] - The semiconductor rally is further fueled by Navitas' participation in the CES conference where the company plans to showcase its latest chips and AI power system reference designs [2][4] Company Valuation and Financials - Navitas has a market capitalization of roughly $820 million and is valued at approximately 9 2 times this year's expected sales [6] - The company reported a 1 4% year-over-year decline in Q3 sales to $21 7 million [6] CES Conference Impact - Investors are optimistic about Navitas' potential announcements at CES which is a high-profile technology expo known for major product debuts and demonstrations [4] - The CES keynote by Nvidia CEO Jensen Huang is expected to generate significant attention for the semiconductor and AI sectors [4]

Stock Performance - Shares of Navitas Semiconductor Corporation surged as much as 24.6% on Monday, settling at a 20.4% gain by 2 p.m. EST [1] - The stock has been down over 50% in 2024 due to a severe downturn in industrial and auto semiconductor markets [4] - Short interest in Navitas was 18.8% at the end of November, potentially contributing to a short squeeze [4] Geopolitical Impact - The Biden administration launched an investigation into Chinese semiconductor companies, focusing on trailing-edge chips based on silicon carbide (SiC) and gallium nitride (GaN) materials [2] - These chips are critical for applications in auto, industrial, medical devices, telecommunications, and defense [2] - Navitas produces SiC and GaN-based chips, which aligns with the focus of the investigation, leading to a positive market reaction [3] Company-Specific Factors - Navitas is a smaller company with higher risks compared to larger players in the semiconductor industry [4] - The company has never been profitable and remains subject to significant swings due to external factors like interest rates and geopolitics [5] - Navitas sells products to Chinese device makers, making it vulnerable to potential retaliation from China against U.S. chip companies [5] Industry Outlook - A potential turnaround in the industrial, auto, and mobile chip sectors could benefit Navitas, but there are less risky investment options available [6]

Navitas Semiconductor (NVTS) shares have risen 41.8% in the past three months, outperforming the broader Zacks Computer and Technology sector’s return of 13.1%.Over the same time frame, it has also outperformed the Zacks Electronics- Semiconductors industry and its peers, including Alpha and Omega Semiconductor (AOSL) , Nova Ltd (NVMI) and Cirrus Logic (CRUS) . In the past three months, shares of AOSL have gained 25.5%, while NVMI and CRUS have lost 1% and 14%, respectively. The industry appreciated 39.1% i ...

Shares of Navitas Semiconductor Corp. (NVTS 17.45%) rallied 22.3% on Thursday, as of 3:00 p.m. ET.Navitas is a small-cap chip designer that specializes in power-efficient designs for electric vehicles, electric infrastructure, and artificial intelligence (AI) data centers.With the severe slowdown in EV and electrical infrastructure spending this year, Navitas' stock had been hurt. However, some new product announcements on Thursday caused shares to bounce back big.New products for CESOn Thursday, Navitas pu ...

TORRANCE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation, power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced that Dr. Ranbir Singh, formerly Executive Vice President at Navitas and the founder and CEO of GeneSiC Semiconductor, has been appointed to Navitas’ board of directors.  “We are pleased to welcome Ranbir to the board of directors,” said Gene Sherid ...

Last August, I initiated my coverage on Navitas Semiconductor (NASDAQ: NVTS ) with a buy rating due to its leading technological position in the emerging GaN power semiconductor industry. While the stock is down 11% since myAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring ...

TORRANCE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor, the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in the upcoming investor conferences listed below. MESH Ventures Investor Call (virtual):Monday 2nd December at 7pm Pacific / 10pm EST (USA), Tuesday December 3rd at 11am TST (GMT+8) with Gene Sheridan, CEO, and Todd Glickman, CFO.Hosted by MESH Managi ...

TORRANCE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) has announced that the company’s revenue growth has been acknowledged for the third consecutive year, by Deloitte’s Technology Fast 500™. Navitas growth was driven by strong demand for its advanced, high-efficiency, wide-bandgap gallium nitride (GaN) and silicon carbide (SiC) power components, across a growing number of global markets and customers. Now in its 30th year, the Deloitte Technology Fast 500 provides a rank ...