Navitas Semiconductor Corp. shares exploded more than 18% in early trading Tuesday, reaching $15.66 as momentum built around the company's gallium nitride and silicon carbide power solutions for artificial intelligence data centers and energy infrastructure.
The surge, which pushed the stock well above recent ranges on elevated volume, reflects growing investor conviction in Navitas' strategic pivot and its positioning in one of the fastest-growing segments of the semiconductor industry. Here are five key reasons driving the explosive move in NVTS stock on April 21, 2026.
