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Wajeeh Khan

Navitas Stock Shoots Above Key Support Levels on AI Data Center Pivot. Should You Buy NVTS Shares Here?

Navitas NVTS

Navitas (NVTS) stock charged higher on Wednesday after the company launched its fifth-generation GeneSiC silicon carbide (SiC) power semiconductor platform. 

Featuring advanced MOSFETs and “high-efficiency” packaging for artificial intelligence (AI) data centers, the announcement helps NVTS rally past its major moving averages (20-day, 50-day, 100-day), indicating bulls firmly taken control across multiple timeframes. 

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