Up 150% YTD: Navitas Semiconductor (NVTS) Rides the GaN Power Wave into AI’s Future
Navitas (NVTS) closed at $8.87 on Oct. 10, 2025, after reaching a 52-week high of $9.79, up about 149% year-to-date. The company announced a partnership with NVIDIA in mid-2025 and raised $100 million in new capital. Chris Allexandre became CEO on Sept. 1, replacing co-founder Gene Sheridan. Q3 earnings are due Nov. 3; Q2 revenue fell 29% year-over-year to $14.5 million.
