Navitas (NVTS) Jumps to All-Time High on Launch of Chip to Support Next-Gen AI
We recently published 10 Stocks Stealing Today’s Spotlight; 5 on All-Time Highs. Navitas Semiconductor Corp. (NASDAQ:NVTS) is one of the best performers on Wednesday. Navitas rallied for a 5th straight day on Wednesday to jump to a new all-time high as investor sentiment was bolstered by the launch of a new semiconductor capable of supporting Nvidia Corp.’s 800-volt direct current (VDC) system for the next-generation artificial intelligence (AI). In intra-day trading, the stock climbed to its highest pri ...