Navitas Stock Shoots Above Key Support Levels on AI Data Center Pivot. Should You Buy NVTS Shares Here?

Navitas (NVTS) stock charged higher on Wednesday after the company launched its fifth-generation GeneSiC silicon carbide (SiC) power semiconductor platform. Featuring advanced MOSFETs and “high-efficiency” packaging for artificial intelligence (AI) data centers, the announcement helps NVTS rally past its major moving averages (20-day, 50-day, 100-day), indicating bulls firmly taken control across multiple timeframes. More News from Barchart Despite their meteoric run on March 11, Navitas shares remain ...