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VICR News2 articles
Wolfspeed Shares Tumble 14% as AI Chip Rally Falters
Wolfspeed shares plunged 14.3% to $63.00 as the AI power-chip rally lost steam, despite the company reporting $1.2 billion in liquidity and a net loss of $119.9 million.
Navitas Shares Rally on AI Power Chip Hopes, Revenue Still Tiny
Navitas Semiconductor shares surged over 15% as investors bet on its AI data-center power chips. Q1 revenue was $8.6M with a $27.8M loss; Q2 guidance points to $10M. The stock's rally hinges on converting design wins into sales.