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Navitas Semiconductor Stock Explodes 19% in Early Trading on AI Power Momentum

Posted on April 21, 2026
By International Business Times
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1 min read

Navitas Semiconductor Stock Explodes 19% in Early Trading on AI Power Momentum

Shares of Navitas Semiconductor Corp. skyrocketed more than 18% in early trading Tuesday, surging to $15.66 as investors piled into the gallium nitride and silicon carbide power chip specialist amid growing optimism over its role supplying high-efficiency solutions for artificial intelligence data