In this article, we deep dive into the 5 Stocks With Stunning Gains. For a deeper discussion and an extended list, please see 10 Stocks With Stunning Gains.
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5. Navitas Semiconductor Corp. (NASDAQ:NVTS)
Navitas rallied by 37.2 percent week-on-week, as investors loaded portfolios ahead of its participation in a three-day conference, where it would showcase its latest gallium nitride (GaN) and GeneSiC silicon carbide (SiC) products to support today’s high-growing sectors.
In a notice earlier in the week, Navitas Semiconductor Corp. (NASDAQ:NVTS) said that it would take part in the PCIM 2026 in Nuremberg, Germany, from June 9 to 11, to discuss the future of GaN and SiC and key issues surrounding various industries, including automotive, AI, humanoid robots, and the evolution in data center power distribution, among others.
It will also showcase its latest GaN and SiC power semiconductors catered to the needs of AI data centers, energy and grid infrastructure, and industrial electrification, specifically exhibiting 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.
4. T1 Energy Inc. (NYSE:TE)
T1 Energy surged by 42.5 percent week-on-week, with the rally primarily driven by a combination of optimistic analyst ratings and bargain-hunting after a sell-off triggered by a short-seller report.
Earlier in the week, short seller Fuzzy Panda released a report about T1 Energy Inc. (NYSE:TE), claiming that the company was not compliant with the foreign entity of concern (FEOC) regulations and thus not eligible for tax credits from the US government.
The report said that T1 Energy Inc.’s (NYSE:TE) sale of intellectual property to Singaporean firm Evervolt was designed to achieve FEOC compliance, but that the latter had undisclosed connections with Chinese solar firm Trina Solar.
Fuzzy Panda claimed that Evervolt, owned by Tan Chin Piaw, has maintained business relationships with Trina Solar for more than 15 years, and that 99 percent of its revenues came from the latter.
However, investment firm Roth Capital backed the company, recommending investors to take the intra-week fall as an opportunity to load up on its shares.
It said that T1 Energy Inc. (NYSE:TE) is a “model for what the Trump administration may want in a domestic manufacturer that is transferring advanced technology and capacity to the US.”
In other news, the solar firm reported wider net losses attributable to shareholders in the first quarter of the year, by 25 percent to $21.4 million from $17.1 million in the same period last year. It also incurred $241,000 in revenues during the period, versus none year-on-year.
3. D-Wave Quantum Inc. (NYSE:QBTS)
D-Wave saw its share prices increase by 44.5 percent week-on-week, as investors took heart from its recently secured $100-million financial backing from the US government to help accelerate the development of quantum computers.
The US Department of Commerce announced on Thursday that it would invest over $2 billion in nine companies in a bid to support US leadership in quantum computing.
D-Wave Quantum Inc. (NYSE:QBTS) alone secured $100 million in fresh funds from the department in exchange for its shares valued at that amount, essentially making the DOC an investor.
Proceeds from the funds will be used to accelerate the development of annealing and gate-model quantum systems, including at its forthcoming research and development (R&D) facility in Boca Raton, Florida, as well as its R&D centers in New Haven, Connecticut, and Burnaby, Canada.
“We believe that the US government’s strategic investment in D-Wave would advance the country’s global leadership position in quantum computing,” D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz said.
“The award would accelerate D-Wave’s ability to scale quantum innovation domestically, expedite key fabrication processes, and deliver real-world quantum applications to our global customers today. We see this as a transformative moment for not just D-Wave, but also for quantum computing and the United States,” he added.
Apart from D-Wave Quantum Inc. (NYSE:QBTS), other companies also include Atom Computing, Diraq, Infleqtion, PsiQuantum, Quantinuum, and Rigetti Computing. The chipmakers, on the other hand, were IBM and GlobalFoundries.
2. Arm Holdings plc (NASDAQ:ARM)
Arm Holdings climbed by 46.5 percent week-on-week, as investor optimism was primarily bolstered by an investment firm’s confidence that it is capable of growing its profits fivefold by 2030.
In a market note earlier in the week, Bernstein said that the coverage reflected the renaissance of CPUs for agentic AI, given the rapid shift from chatbot to AI agents.
Bernstein also noted that Arm Holdings PLC (NASDAQ:ARM) is expected to capture a fourfold increase in CPU market share over the next four years to hit $137 billion.
“Arm stands out in server CPUs given its unparalleled power efficiency,” it said.
In other news, Arm Holdings PLC (NASDAQ:ARM) reported a 49 percent jump in its net income in the fourth quarter of fiscal year 2026 to $313 million from $210 million in the same period last year. Revenues also increased by 20 percent to $1.49 billion from $1.241 billion.
For the first quarter of fiscal year 2027 ending June, the company has set a revenue outlook of $1.26 billion, plus or minus $50 million. This would imply a 19.6 percent jump from the $1.053 billion reported in the same period a year earlier.
1. Rigetti Computing Inc. (NASDAQ:RGTI)
Rigetti Computing soared by 48 percent week-on-week, after earning a $100-million financial backing from the government to support US leadership in the quantum space and develop computers capable of solving complex problems.
Earlier in the week, the Department of Commerce announced that it would shell out $2.013 billion in federal incentives for nine companies to support the government’s CHIPS and Science Act.
The amount would support the development of seven quantum computing companies, including Rigetti Computing Inc. (NASDAQ:RGTI), D-Wave, Atom, Diraq, Infleqtion, PsiQuantum, and Quantinuum, as well as IBM and GlobalFoundries.
Rigetti Computing Inc. (NASDAQ:RGTI) alone will receive up to $100 million to address key technical challenges to develop and scale next-generation superconducting quantum computing technologies and architectures, such as miniaturizing and integrating novel readout electronics and next-generation cryostat architectures.
“Quantum computing will have far-reaching impacts on our nation’s national security, economic interests, and overall prosperity,” Rigetti Computing Inc. (NASDAQ:RGTI) CEO Subodh Kulkarni said.
“We are honored that the US government is seeking to partner with Rigetti to accelerate the pace of quantum computing commercialization and to bolster U.S. leadership in this revolutionary field. This investment will allow us to tackle key scaling bottlenecks more rapidly and get us closer to utility-scale quantum computing,” he noted.
While we acknowledge the potential of RGTI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RGTI and that has 100x upside potential, check out our report about the cheapest AI stock.
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