5 Stocks With Insane Returns Right Now

4. Navitas Semiconductor Corp. (NASDAQ:NVTS)

Navitas Semiconductor snapped a three-day losing streak on Wednesday, soaring 18.32 percent to close at $22.99 apiece as investors loaded portfolios ahead of its participation in a conference.

In a notice on its website, Navitas Semiconductor Corp. (NASDAQ:NVTS) said that it would participate in the PCIM 2026 in Nuremberg, Germany, for the entire three-day event, mainly focusing on key areas such as automotive, AI, humanoid robots, the evolution in data center power distribution, riding the SiC wave efficiently, and the future of GaN.

It will also showcase its latest gallium nitride (GaN) and GeneSiC silicon carbide (SiC) power semiconductors catered to the needs of AI data centers, energy and grid infrastructure, and industrial electrification.

Navitas Semiconductor Corp. (NASDAQ:NVTS) said that it will specifically exhibit two solutions that enable a swifter transition to the 800 VDC standard using GaN, as well as two SST topologies enabled by Navitas GeneSiC UHV and HV technology.

In other news, Navitas Semiconductor Corp. (NASDAQ:NVTS) more-than-doubled its net loss in the first quarter of the year to $33.78 million from $16.8 million in the same period last year. Net revenues also declined by 38 percent to $8.6 million from $14 million year-on-year.

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