Navitas Semiconductor rises sharply as investors bet on its role in Nvidia’s next-gen 800V HVDC data centers.
Navitas Semiconductor (NASDAQ: NVTS) climbed 16.7% by midday, driven by its pivot to high-power markets, including AI data centers and Nvidia’s upcoming 800V HVDC infrastructure. The stock’s rally follows Nvidia’s earnings focus, where commentary on AI demand directly impacts Navitas’ power chip development.
Short interest surged ahead of Nvidia’s report, with the short interest ratio jumping from 0.8 to over 1.5 days. Last month, NVTS soared after announcing a new power delivery board, forcing short sellers to cover positions amid bullish AI data center updates.
Traders are positioning ahead of Nvidia’s earnings, speculating on Navitas’ integral role in next-gen data centers expected to launch next year.