This AI Stock Hit a New Low in a Recent Sell-Off: Is It Time to Buy?

Navitas Semiconductor Corporation (NASDAQ: NVTS) is a power semiconductor company that develops and markets gallium nitride (GaN) and silicon carbide (SiC) technologies for power electronics, including chargers and adapters, renewable energy systems, electric vehicles, and data centers and servers.GaN and SiC are designed to provide higher efficiency, faster switching speeds, and smaller form factors compared to traditional silicon-based power devices. That means lower power consumption, less energy wasted as heat, improved cooling, and reduced physical space requirements.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool