Key Points The announcement of a partnership with Nvidia has changed the narrative around the stock. Navitas has never made a profit and is unlikely to do so anytime soon, but its growth could be explosive given its role in a new generation of data centers. 10 stocks we like better than Navitas Semiconductor › Shares in Navitas Semiconductor Corporation (NASDAQ: NVTS) soared by 23.2% in September, according to data provided by S&P Global Market Intelligence. The move marks another leg up for a stoc ...

Group 1 - Shares in Vertiv rose by 9.4% in the week through Friday morning, reflecting a positive sentiment in the AI and data center market [1] - The sector experienced a boost from a significant deal between OpenAI and Oracle, where OpenAI will purchase $300 billion worth of computing power from Oracle over five years, indicating strong investment trends in data centers [2] - Vertiv has raised its full-year sales, earnings, and cash flow guidance due to a strengthening environment, with organic orders increasing by 15% year over year in the second quarter, suggesting continued growth [3] Group 2 - Vertiv is developing power infrastructure solutions for next-generation data center technology, specifically the new 800V high voltage direct current (HVDC) data centers, which are expected to launch in 2027 [5] - The ramp-up in AI and data center spending, as indicated by Oracle's deal, suggests that the technology Vertiv is currently developing will see strong demand in the coming years [6]