Navitas Semiconductor is trading 4.42% up at $13.23 after Nvidia’s forecast of 70% revenue growth next fiscal year lifted AI and semiconductor sentiment.
- It closed at $12.67 on August 26, 2026.
- Nvidia shares rose nearly 5% in extended trading, while the Nasdaq Composite is up 0.98% pre-market.
- Navitas Semiconductor is scheduled to participate in the Deutsche Bank Technology Conference on August 27; no new company-specific catalyst was identified.