NASDAQ:NVTS 28 April 2026 - 28 July 2026

Navitas Semiconductor Corporation shares dropped hard Wednesday. Investors seemed less interested in the AI power-chip pitch and more worried about a possible $500 million stock sale. The company filed for the share sale, raising dilution concerns. NVTS last traded at $20.75, off $2.10, after moving more than 22.9 million shares. The stock hovered just above its low for the day at $20.74.

Navitas Semiconductor shares jumped more than 15% in Wednesday afternoon trading, extending a volatile run in the power-chip name as investors crowded back into semiconductor stocks before Nvidia’s results. The stock was recently at $22.49, after touching $22.77, with about 25.3 million shares traded.

Navitas Semiconductor shares head into the new week with a sharper spotlight on cash, dilution and AI data-center demand after a volatile five-day run left the stock up 17.14%, even after a 4.48% fall on Friday to $21.32. U.S. cash trading was closed Sunday, leaving Friday’s Nasdaq close as the latest regular-session price.

Navitas Semiconductor Corporation has capitalized on a recent stock surge, raising roughly $122 million from the sale of 6.53 million shares in a new at-the-market offering, according to a May 13 SEC filing. The company’s AI power-chip strategy fueled demand. With pending trades set to close, Navitas has now sold all shares registered under the May 11 ATM prospectus, the filing confirmed.

Navitas Semiconductor Corp. is looking to unload as much as $125 million in Class A common stock, according to a regulatory filing, seeking to capitalize on a surge in its shares following an India product launch linked to its gallium nitride technology. Shares can be offered periodically through an at-the-market program, which allows companies to sell directly into regular trading instead of dumping a single large chunk.

Navitas Semiconductor Corp heads into its first-quarter earnings on Tuesday afternoon with a rally that’s about to get tested. Shares, listed on the Nasdaq, wrapped up Friday at $17.45—gaining 5.76% for the session. The stock swung from $15.81 to $18.03 on robust volume.