Stock Performance - Shares of Navitas Semiconductor Corporation surged as much as 24.6% on Monday, settling at a 20.4% gain by 2 p.m. EST [1] - The stock has been down over 50% in 2024 due to a severe downturn in industrial and auto semiconductor markets [4] - Short interest in Navitas was 18.8% at the end of November, potentially contributing to a short squeeze [4] Geopolitical Impact - The Biden administration launched an investigation into Chinese semiconductor companies, focusing on trailing-edge chips based on silicon carbide (SiC) and gallium nitride (GaN) materials [2] - These chips are critical for applications in auto, industrial, medical devices, telecommunications, and defense [2] - Navitas produces SiC and GaN-based chips, which aligns with the focus of the investigation, leading to a positive market reaction [3] Company-Specific Factors - Navitas is a smaller company with higher risks compared to larger players in the semiconductor industry [4] - The company has never been profitable and remains subject to significant swings due to external factors like interest rates and geopolitics [5] - Navitas sells products to Chinese device makers, making it vulnerable to potential retaliation from China against U.S. chip companies [5] Industry Outlook - A potential turnaround in the industrial, auto, and mobile chip sectors could benefit Navitas, but there are less risky investment options available [6]

Navitas Semiconductor (NVTS) shares have risen 41.8% in the past three months, outperforming the broader Zacks Computer and Technology sector’s return of 13.1%.Over the same time frame, it has also outperformed the Zacks Electronics- Semiconductors industry and its peers, including Alpha and Omega Semiconductor (AOSL) , Nova Ltd (NVMI) and Cirrus Logic (CRUS) . In the past three months, shares of AOSL have gained 25.5%, while NVMI and CRUS have lost 1% and 14%, respectively. The industry appreciated 39.1% i ...

Shares of Navitas Semiconductor Corp. (NVTS 17.45%) rallied 22.3% on Thursday, as of 3:00 p.m. ET.Navitas is a small-cap chip designer that specializes in power-efficient designs for electric vehicles, electric infrastructure, and artificial intelligence (AI) data centers.With the severe slowdown in EV and electrical infrastructure spending this year, Navitas' stock had been hurt. However, some new product announcements on Thursday caused shares to bounce back big.New products for CESOn Thursday, Navitas pu ...

TORRANCE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation, power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced that Dr. Ranbir Singh, formerly Executive Vice President at Navitas and the founder and CEO of GeneSiC Semiconductor, has been appointed to Navitas’ board of directors.  “We are pleased to welcome Ranbir to the board of directors,” said Gene Sherid ...

Last August, I initiated my coverage on Navitas Semiconductor (NASDAQ: NVTS ) with a buy rating due to its leading technological position in the emerging GaN power semiconductor industry. While the stock is down 11% since myAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring ...

TORRANCE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor, the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in the upcoming investor conferences listed below. MESH Ventures Investor Call (virtual):Monday 2nd December at 7pm Pacific / 10pm EST (USA), Tuesday December 3rd at 11am TST (GMT+8) with Gene Sheridan, CEO, and Todd Glickman, CFO.Hosted by MESH Managi ...

TORRANCE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) has announced that the company’s revenue growth has been acknowledged for the third consecutive year, by Deloitte’s Technology Fast 500™. Navitas growth was driven by strong demand for its advanced, high-efficiency, wide-bandgap gallium nitride (GaN) and silicon carbide (SiC) power components, across a growing number of global markets and customers. Now in its 30th year, the Deloitte Technology Fast 500 provides a rank ...

Navitas Semiconductor (NVTS) shares have plunged 77.9% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s return of 25.7%.Over the same time frame, it has also underperformed the Zacks Electronics- Semiconductors industry and its competitors like Broadcom (AVGO) , Astera Labs (ALAB) and Cirrus Logic (CRUS) . On a YTD basis, shares of AVGO, ALAB and CRUS have returned 47.7%, 39.4% and 21.1%, respectively. The industry appreciated 32.1% in the same time frame.This underperf ...

TORRANCE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced participation in the upcoming Roth conference in New York.  13th Annual Roth Technology ConferenceNovember 19th & 20th 20251-on-1 meetings with Todd Glickman, CFO, and Stephen Oliver, VP Investor Relations.Hard Rock Hotel New York – 159 W 48th St, ...

Navitas Semiconductor Corporation (NVTS) has been on a downward spiral lately with significant selling pressure. After declining 25.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spot ...