India, June 3 -- Shares of Navitas Semiconductor Corporation (NVTS) are climbing about 19 percent in Wednesday morning trading after the company announced a collaboration with NVIDIA MGX ecosystem to accelerate 800 VDC AI infrastructure.
The company's shares are currently trading at $30.97 on the Nasdaq, up 19.64 percent. The stock opened at $30.56 and has climbed as high as $33.47 so far in today's session. Over the past year, it has traded in a range of $5.44 to $33.82.
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