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Why Navitas Rocketed Higher Today
Yahoo Finance· 2026-02-25 19:04
Shares of power semiconductor company Navitas (NASDAQ: NVTS) rallied 24.5% as of 1:42 p.m. today, following its earnings report last night. While Navitas reported declining revenues and worsening net losses, this was anticipated, as management is pivoting from Navitas' traditional markets to the new high-power AI data center opportunity. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical ...