🚀 Navitas just shot up over 200% after hours today!

Hey everyone! 🚀 Navitas just shot up over 200% after hours today (market cap now at $1.1 billion), and I’m wondering: should we still jump in? Let’s dig into it.

$Navitas Semiconductor(NVTS.US) is this cool California-based company that’s been around since 2014. They’re big on GaN (gallium nitride) and SiC (silicon carbide) tech—stuff that powers AI data centers, electric cars, and green energy gadgets. Plus, they’re the first semiconductor crew to go carbon-neutral, which is awesome!

The hot news? They’ve teamed up with $NVIDIA(NVDA.US) to build a next-gen 800V power system for AI data centers. This thing’s a game-changer, hitting 98-99% efficiency—less energy waste, lower costs. It could even slash copper use by up to 45%, making those data centers greener and cheaper to run. 🌱

Compared to giants like Infineon ($40B) and ON Semiconductor ($30B), Navitas is tiny ($1.1B now), but they’re quick and focused on next-level GaN tech for AI and EVs. Other small fries in NVIDIA’s circle, like Wolfspeed and SkyWater, are in the mix too, but Navitas’ power tech really pops.

Stock-wise, it spiked 224% after the announcement, from $2.09 to $6.19. But here’s the kicker: it’s down 42.6% this year overall—talk about a wild ride! Analysts peg it at $3.82, so there might be more juice left.

The NVIDIA deal could bring in $5-10 million in 2025, which isn’t bad for a company this size. Still, with the stock already up over 200%, I’m thinking the hype’s a bit overblown. If it had only jumped 150%, I’d maybe do a quick trade, but right now? I’m holding off.

What’s your take? Is Navitas still a buy after this insane leap? 🤔