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Navitas Soars on NVIDIA Deal: Breaking Down its Tech and Outlook
MarketBeat· 2025-05-27 21:34
Navitas Semiconductor TodayNVTSNavitas Semiconductor$4.89 +0.48 (+10.98%) 52-Week Range$1.52▼$5.25Price Target$3.79Add to WatchlistIt is not every day that a stock soars over 164%, but that is exactly what happened to little-known chip company Navitas Semiconductor NASDAQ: NVTS on May 22. The stock exploded in value after announcing a partnership with chip giant NVIDIA NASDAQ: NVDA. Navitas calls itself a “next-generation power semiconductor company." However, what does this actually mean? The analysis bel ...