ChipsThe Motley Foolabout 7 hours ago
Why Navitas Semiconductor Stock Soared Today
1 min read
Navitas Semiconductor stock rose 5.3% on Friday, outpacing the S&P 500's 0.5% gain. The rally was driven by positive momentum from SpaceX's IPO, which closed up 19.2%. Navitas stock is now up 227.5% year-to-date. SpaceX's AI expansion plans could create further catalysts for Navitas.
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