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NVTS Stock Falls After-Hours As Navitas’ Wider-Than-Expected Loss Overshadows Revenue Beat — But Retail Bulls Stay Focused On AI Growth

in5points
  1. Navitas Semiconductor reported second-quarter revenue that exceeded analyst estimates, driven by growth in AI and data center markets.

  2. The company reported a wider net loss than expected, causing NVTS stock to fall in after-hours trading.

  3. Navitas provided a stronger third-quarter outlook, forecasting revenue above current analyst consensus.

  4. Despite the loss, retail investors remain focused on Navitas's long-term growth in AI and power semiconductor applications.

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Rajeev Chandrasekhar

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