The AI chip mania just welcomed a new champion. Navitas Semiconductor Corp (NASDAQ:NVTS) has ballooned more than 105% in the past month, and its torrid surge has turbocharged one of the year’s most sensational ETF moves. The Tradr 2X Long NVTS Daily ETF (BATS:NVTX), which provides exposure to growth-frenzied semiconductor stocks, has soared an eye-watering 258% in the past month alone, and 405% since its Sept. 9 launch, riding Navitas’s surge.
What Happened?
