#ai-chips Tech News.
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The latest ai-chips news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks ai-chips across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
AITheStreetabout 4 hours ago
Navitas stock surges above analyst targetNavitas Semiconductor Corp stock closed at $25 on June 5 after trading above Wall Street's target price of $18. The surge follows investor excitement over Navitas' role in Nvidia's AI data center chip plans. Analysts cited supply chain positioning and demand for power-efficient chips. The price gap reflects market confidence exceeding institutional forecasts.
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