Why Navitas Followed Last Week's Monster Gain With Another This Week

Shares of Navitas Semiconductor (NASDAQ: NVTS) rallied as much as 59.2% this week, before settling into a 22.2% gain through Thursday trading, according to data from S&P Global Market Intelligence.Navitas rocketed roughly 150% last week on the back of an announcement that its gallium nitride (GaN) and silicon carbide (SiC) chips would be used in Nvidia's next-generation Kyber data center infrastructure, which will house the upcoming Nvidia Rubin systems set to hit the market in 2027.This week, Navitas followed up that gain by selling stock at those newly high prices. While news of shareholder dilution is normally a negative for a stock, in this case, investors cheered the capital raise, as it now de-risks this small-cap company. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool