Why Nvidia-Backed Navitas Semiconductor Is Soaring Today | The Motley Fool

Shares of Navitas Semiconductor (NVTS 11.87%) are soaring on Tuesday. The company’s stock jumped 15.7% as of 1:02 p.m. ET. The move comes as the S&P 500 (^GSPC 0.64%) gained 0.6% and the Nasdaq Composite (^IXIC…