Why Navitas Semiconductor Stock Soared Today

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 ...