NVTS is trading 4.1% up at $23.92 following a sharp multi-day rally driven by enthusiasm around its Navitas 2.0 pivot toward AI data centers and high-power applications.
- The move extends strength from May 20, 2026, as investors remain optimistic about AI infrastructure growth and the company's progress toward operating breakeven.
- Shares continue to benefit from a positive Nvidia partnership narrative, showing significant relative strength even as broader markets trade slightly lower today.