Navitas (NVTS) Climbs 15.7% on Tech Rally

We recently published 10 Stocks Delivering Double-Digit Gains Effortlessly; 4 Hit Highs. Navitas Semiconductor Corp. (NASDAQ:NVTS) was one of the best performers on Thursday.

Navitas snapped a two-day losing streak on Thursday, jumping 15.68 percent to close at $11.29 apiece, as investor funds poured back into US markets after President Donald Trump withdrew a plan to slap eight European countries with 10 percent tariffs.

During the session, Navitas Semiconductor Corp. (NASDAQ:NVTS) rallied alongside the broader market, with the tech-heavy Nasdaq leading the gains by 0.91 percent.

Optimism was further fueled by rosy prospects for broader semiconductor sector, after Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest chipmakers, announced plans to raise its capital expenditures this year to keep up with the strong demand for chips.

Navitas Semiconductor Corp. (NASDAQ:NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors for electric vehicles, data centers, consumer electronics, and renewable energy, among others.

For the fourth quarter of 2025, Navitas Semiconductor Corp. (NASDAQ:NVTS) expects to rake in revenues of $7 million at the midpoint, significantly lower than the $18 million in the same period last year. The outlook reflects its strategic decision to deprioritize low power and pivot to higher power revenue and customers, streamline its distribution network, and reduce channel inventory, as well as lower profit expectations from China Mobile and consumer business.

Based on its historical reporting dates, official fourth quarter results are scheduled to be released in the third week of February 2026.

While we acknowledge the potential of NVTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.