Navitas Stock Surges as Nvidia MGX AI Deal Goes Live at COMPUTEX
Navitas Semiconductor surged following a release detailing its collaboration with NVIDIA on data center racks, but analysts remain skeptical.
Navitas Semiconductor surged following a release detailing its collaboration with NVIDIA on data center racks, but analysts remain skeptical.
Wolfspeed and Navitas shares rise after Vicor boosts guidance and Huawei unveils its LogicFolding chip design, triggering a rally in Chinese semiconductor stocks like SMIC.
Wolfspeed shares jumped after a report said AI demand boosts its power chips. Other chip stocks also rose sharply.
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.