NVTS is trading 9.2% up today at $26.61 as the stock extends a powerful multi-day rally driven by enthusiasm for its Navitas 2.0 strategy and growing exposure to AI data center demand.
- Buying pressure has accelerated following significant gains of 18.32% on May 20 and 6.05% on May 21.
- Investors are positioning for long-term growth as the company capitalizes on broader momentum within AI-related semiconductor names.
- The upward move reflects strong investor sentiment and positioning amid a broadly positive market tape.