NVTS - Did we reach the bottom or still sideways?NASDAQ:NVTS is an interesting candidate in power electronics based on gallium nitride. There are a lot of application areas for these specific semiconductors. So it seems to be a good investment on a longer time scale. Nevertheless, the company suffers the same problems as any semiconductor company. I assume, it won't lower substantially, but the sideway period will still hold for some time.
NVTS trade ideas
Navitas accumulatingCo-Founders Gene Sheridan and Dan Kinzer took Navitas public on Oct. 20. Navitas develops gallium nitride semiconductors that are used in chargers for various products, such as smartphones and laptops, as well as in consumer electronics and data centers
these sellers are not in a panic mode