5 Stocks With Easy Double-Digit Returns

4. Navitas Semiconductor Corp. (NASDAQ:NVTS)

Navitas Semiconductor soared to a fresh all-time high on Monday, as investors cheered an Indian semiconductor maker’s successful launch of a gallium nitride (GaN) power device family developed using the former’s GaN technology.

In intra-day trading, the stock climbed to its highest price of $23.82 before trimming gains to end the session just up by 24.45 percent at $22.65 apiece.

In a statement, Cyient Semiconductors announced that it developed seven new GaN power devices for the Indian market, thanks to Navitas Semiconductor Corp.’s (NASDAQ:NVTS) GaN technology.

It said that the devices are aimed at addressing the rapidly growing demand for high-efficiency, high-power-density solutions across AI data centers, telecommunications, consumer fast charging, industrial power systems, and e-mobility platforms.

The launch was in line with a strategic collaboration between Navitas Semiconductor Corp. (NASDAQ:NVTS) and Cyient in December 2025, under which the latter will license the former’s GaN technology for use in India, accelerating the adoption of high‑performance GaN solutions across a broad range of markets.

In addition, Cyient will serve as a second source for select Navitas Semiconductor Corp. (NASDAQ:NVTS) GaN devices already in mass production and strengthening supply chain resilience.