New York, February 7, 2026, 06:10 EST — The market has closed.
- NVTS jumped on Friday, riding a rebound in chip stocks.
- AI-linked stocks swung back into focus after a bumpy stretch on Wall Street.
- Navitas is set to report earnings in late February, marking its next scheduled catalyst.
Navitas Semiconductor Corporation (NVTS) surged 19.3% on Friday, finishing at $8.86. Shares swung from $7.68 to $9.07 during the day, with around 27.4 million traded. The rally pushed NVTS $1.43 higher than Thursday’s $7.43 close.
Timing turned out to be key. The Dow Jones Industrial Average punched through the 50,000 mark for the first time, closing above the milestone as U.S. stocks rallied into the weekend. That move lured capital back toward riskier corners of the market.
Chip stocks bounced back after a three-day dip, with semiconductors carrying much of the load as investor attention swung to AI-driven spending. “I think there’s enough evidence that there’s real demand for AI products,” Baird investment strategy analyst Ross Mayfield said. Reuters
Navitas, out of Torrance, California, develops power semiconductors with gallium nitride and silicon carbide—materials prized for their ability to keep power systems cooler and cut energy loss. You’ll find its chips in everything from consumer gadgets to data centers, solar inverters, and electric vehicles, handling power conversion and charging.
Navitas knows this kind of sector churn. A smaller name in semiconductors, its shares tend to whip around quickly, especially as traders cycle through what counts as “AI-adjacent” from one hour to the next.
Navitas marks its next big date on February 24, with fourth-quarter and full-year 2025 results coming out after the bell. CEO Chris Allexandre and CFO Todd Glickman will take questions on a 2:00 p.m. Pacific conference call, the company confirmed.
Investors are tuning in for hints about demand around data-center power systems and industrial electrification, as well as clues from management about the year ahead. The stock’s been volatile, so what leaders say—and how they say it—could prove just as crucial as the numbers themselves.
Macro events threaten to muddy the waters to start the week. The Labor Department has the January U.S. Employment Situation report coming out February 11, with the January Consumer Price Index landing two days later on February 13.
The bounce isn’t a one-way street. Fresh inflation jitters or renewed concerns over just how much is being poured into AI could send high-beta stocks—those more volatile than the market—sharply the other direction.
U.S. markets come back online Monday, with eyes on whether Friday’s bounce in semiconductors sticks. Navitas, meanwhile, won’t see its next major test until February 24—earnings, after the bell.
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