NVTS is trading 11.4% up at $32.60 as it extends a multi-day rally driven by enthusiasm for its role in AI power chips and positioning ahead of an upcoming June industry event.
- The stock is attracting heavy speculative interest, with the current move appearing primarily company-specific rather than macro-driven.
- While broader risk-on sentiment in U.S. tech equities provides a tailwind, the strength is largely fueled by thematic interest in the company's AI-related hardware.