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flag Navitas shares surged 21% on strong earnings, AI chip progress, and optimism over U.S.-China trade.

flag Navitas Semiconductor (NVTS) shares jumped over 21% on Monday, driven by optimism over U.S.-China trade relations following former President Trump’s post expressing support for cooperation, and by news of progress in developing gallium nitride power semiconductors for Nvidia’s AI systems. flag The company also reported stronger-than-expected financial results, including higher revenue and improved gross margins, reflecting growing demand for its energy-efficient chips in consumer electronics, electric vehicles, and data centers. flag The rally was fueled by investor confidence in Navitas’ technology leadership and expanding partnerships in high-growth markets.

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