This Little-Known AI Power Stock Is Surging. Its Next Test Comes May 5
Navitas Semiconductor surged almost 20% early Tuesday, building on a big rally for the small power-chip outfit as investors reposition it as a key AI data-center supplier. Shares changed hands near $15.82, with trading volume topping 53 million. Wall Street’s focus is stretching past graphics processors and zeroing in on the power systems that keep them running.