Navitas Semiconductor is trading 6.2% up at $11.12, moving alongside a broad semiconductor rally rather than a newly announced company-specific catalyst.
- Renewed AI optimism, Tower Semiconductor’s AI-data-center shipment news, and broader technology strength are supporting the sector.
- Navitas’ latest listed releases are dated September 3 and September 1, covering its Citi conference participation and U.S.-manufactured GaN shipments.
- The Nasdaq Composite is up 1.28%, while SOXX is up 2.78%.