Core Insights - Navitas Semiconductor (NASDAQ: NVTS) is a small-cap company specializing in gallium nitride (GaN) and silicon carbide (SiC) chips, which experienced a significant share price increase of 218% following a partnership announcement with Nvidia to develop technology for AI data center systems [1][2][8] Stock Performance - The stock price of Navitas rose dramatically after the Nvidia partnership, indicating strong market interest and potential growth opportunities [2][8] Stock Split Considerations - A stock split is a method for a company to adjust its outstanding shares, with forward splits increasing the number of shares and reverse splits consolidating them [4][5] - Navitas is currently trading at approximately $6, which is not high enough to warrant a forward split, as such splits are typically considered when share prices are significantly higher [6][8] - The likelihood of a reverse stock split is also low, as the current share price is above the Nasdaq minimum requirement of $1, reducing the risk of delisting [7][8]
Stock-Split Watch: Is Navitas Semiconductor Next?