Navitas Semiconductor (NVTS) Rises Ahead of Participation at PCIM Conference
Navitas Semiconductor's stock surged by nearly 20% as investors anticipated its participation in the upcoming PCIM conference, where it will showcase GaN and SiC power semiconductors for AI data centers and industrial applications. However, the company reported a significant increase in net losses to $33.78 million in Q1 compared to last year.
Tickers: $NVTS
Topics: AI data centers GaN Navitas PCIM conference SiC