Stock Market Today, March 16: Navitas Rises After Launching New SiC Power Chips for AI Data Centers

NASDAQ : NVTSNavitas SemiconductorToday's Change( 3.86 %) $ 0.39Current Price$ 10.49Key Data PointsMarket Cap$2.3BDay's Range$ 10.24 - $ 11.6052wk Range$ 1.52 - $ 17.79Volume1.3MAvg Vol21MGross Margin-1021.21 %Navitas Semiconductor (NVTS +3.86%), a developer of GaN and SiC power chips, closed Monday at $10.49, up 3.86%. The stock moved higher during the regular session as traders responded to new 5th generation GeneSiC SiC MOSFET launches and are watching how these products translate into AI data center and ...