Navitas Semiconductor Corp. (NASDAQ: NVTS) is one of the 10 stocks with incredible returns right now.
Navitas Semiconductor snapped a three-day losing streak on Wednesday, rising 18.32 percent to close at $22.99 apiece, as investors loaded up their wallets ahead of a conference appearance.
In a notice on its website, Navitas Semiconductor Corp. (NASDAQ:NVTS) said it would participate in PCIM 2026 in Nuremberg, Germany, throughout the three-day event, mainly focusing on key areas such as automotive, artificial intelligence, humanoid robots, evolution in data center power distribution, riding the SiC wave efficiently, and the future of GaN.
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It will also showcase its latest GeneSiC gallium nitride (GaN) and silicon carbide (SiC) power semiconductors, which meet the needs of artificial intelligence data centers, power and network infrastructure, and industrial electrification.
Navitas Semiconductor Corp. (NASDAQ:NVTS) said it will specifically showcase two solutions that enable a faster transition to the 800 VDC standard using GaN, as well as two SST topologies enabled by Navitas GeneSiC UHV and HV technology.
In other news, Navitas Semiconductor Corp. (NASDAQ:NVTS) more than doubled its net loss in the first quarter of the year to $33.78 million from $16.8 million in the same period last year. Net income also declined 38 percent to $8.6 million from $14 million year over year.
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