Navitas Semiconductor Corp. (NASDAQ:NVTS) saw a 12.60% jump on Tuesday, reaching $10.19 per share as investors rebounded from last week’s low. The rally was driven by market optimism and confidence in the AI sector, despite no new company-specific news. NVTS develops GaN semiconductors for various industries. Tower Semiconductor Ltd. (TSEM) made a breakthrough in 400G optical connectivity for AI. NVTS expects $7 million in Q4 2025 revenue, down from $18 million last year due to strategic shifts. Official Q4 results are due in mid-February 2026. Insider Monkey suggests other AI stocks may offer higher returns than NVTS.

Read more at Yahoo Finance: Navitas Semiconductor (NVTS) Soars 12.6% on Bargain-Hunting