🟢 Navitas Semiconductor is trading 11% up today as chip stocks recover from oversold levels

Navitas Semiconductor is trading at $9.29, with a +10.54% change amid a semiconductor-sector rebound.

• SOXX is up 2.59% during the regular session as chip stocks recover from oversold levels.
• The Nasdaq is up 1.29%, reflecting positive broader technology sentiment.
• No clearly dated company-specific catalyst explaining the October 27 move was identified; the NVIDIA power-board announcement was reported earlier, on October 12.