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Navitas Semiconductor soars 25% on AI data center demand

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Navitas Semiconductor had the kind of Monday that turns heads across the trading floor. Shares of the power chip specialist surged more than 25% in morning trading, reaching $22.79, as investors poured into one of the clearest pure-play beneficiaries of the artificial intelligence data center buildout. The move came on heavy volume and reflected a […]

The postNavitas Semiconductor soars 25% on AI data center demandappeared first onRolling Out.

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