Navitas (NVTS) Stock Skyrockets on NVIDIA AI Power Deal – 150% YTD, Rally Set to Continue?
Navitas (NVTS) surged 21% to close at $9.97 on Oct. 13, 2025, hitting new highs after announcing an AI data center partnership with NVIDIA. The stock is up about 179% year-to-date, with market cap near $2.1 billion and high short interest. Chris Allexandre took over as CEO in September. Q3 earnings are due Nov. 3.