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Navitas Semiconductor Corp (NASDAQ:NVTS) shares are charging higher during Thursday’s session. The Nasdaq is up 0.35% while the S&P 500 has gained 0.06%.
Veteran Leadership Joins Board
The company announced the appointment of Gregory Fischer to its Board of Directors on Monday.
Fischer brings over 40 years of industry experience. He previously served as Senior Vice President at Broadcom Inc. (NASDAQ:AVGO).
Strategic Market Pivot
Chairman Richard Hendrix noted Fischer joins at a “pivotal time.” The company is currently executing a Navitas 2.0 strategy.
This shift focuses on high-power markets, including artificial intelligence (AI) data centers …
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