Navitas Semiconductor Shares Rise by 151% in First Half of 2026
Shares of Navitas Semiconductor (NASDAQ: NVTS) surged by 151% during the first half of 2026, driven by a strategic pivot toward high-growth markets such as AI data centers and electrification. The company's transition to gallium nitride and silicon carbide power chips has positioned it for long-term growth despite short-term financial challenges.
Topics: AI infrastructure GaN/SiC technology Nvidia partnership semiconductors