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Why Navitas Semiconductor Stock Jumped on Tuesday

Navitas wants to cozy up with smartphone giant Xiaomi.

By Daniel Sparks Updated Nov 2, 2021 at 1:32PM EST

Key Points

  • With its fast-charging technology, Navitas is positioning itself to partner with Xiaomi.
  • Navitas demonstrated how its Gallium nitride (GaN) could bolster Xiaomi's product roadmap.

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