5 Best Performing Semiconductor Stocks So Far in 2026

In this article, we will list the 5 Best Performing Semiconductor Stocks So Far in 2026. Please visit 10 Best Performing Semiconductor Stocks So Far in 2026 to see the extended list and the methodology behind it.

5. Navitas Semiconductor Corp. (NASDAQ:NVTS)

Year-to-Date Performance: 198.60%

Navitas Semiconductor Corp. (NASDAQ:NVTS) is one of the best performing semiconductor stocks so far in 2026. On May 5, Navitas Semiconductor reported Q1 2026 total revenue of $8.6 million, representing an 18% sequential increase from Q4 2025, though down from $14.0 million in Q1 2025. This sequential rebound reflects the company’s strategic pivot away from mobile and consumer electronics toward high-power markets, which grew 35% year-over-year and now account for a large majority of total revenue.

Financial performance showed sequential improvement, with the GAAP gross margin recovering to negative 9.3% from negative 17.2% in the prior quarter, while non-GAAP gross margin expanded 30 basis points sequentially to 39.0%. The GAAP operating loss narrowed to $27.8 million, and the non-GAAP operating loss improved slightly to $11.7 million. The company closed the quarter with $221.0 million in cash and cash equivalents.

On the technology front, Navitas Semiconductor Corp. (NASDAQ:NVTS) showcased its GaNFast and GeneSiC power semiconductor capabilities at Nvidia’s GTC and APEC 2026, debuting advanced power delivery boards and solid-state transformer solutions tailored for AI data centers. To guide this high-power business expansion, Tonya Stevens was appointed as CFO. For Q2 2026, management forecasts continued momentum with net revenues expected to grow to approximately $10 million.

Navitas Semiconductor Corp. (NASDAQ:NVTS) is a leader in next-generation power semiconductors, focusing on gallium nitride/GaN and silicon carbide/SiC technologies that enable faster, more efficient power conversion.