Navitas Soars 13% on Strong Semiconductor Tailwinds—Is This the Start of a New Bull Run?

Summary
• Navitas (NVTS) rockets 13.13% to $9.695 in the April 8, 2026 session.
• Trading volume surges to 25.76 million shares, with turnover rate at 13.57%—a sharp rise from recent levels.
• Semiconductor sector news points to a $1.3 trillion industry by 2026, driven by AI, memflation, and data center demand.

The semiconductor industry is on fire. Navitas, a key player in the EV and power semiconductor space, has just delivered one of its most aggressive intraday moves in recent memory, surging over 13% after 7:42 PM ET. The broader sector is in a bull mode, with Intel up nearly 10%, and global forecasts point to a seismic shift in chip demand. As the day’s high of $10.01 was hit and the low of $9.14 was tested, market participants are scrambling to understand whether this is a fleeting pop or a new bull trend taking shape.

Semiconductor Boom and Memflation Drive Navitas Higher
The surge in Navitas' shares was not an isolated event but part of a broader narrative unfolding in the semiconductor industry. Gartner reported on Wednesday that semiconductor revenue is projected to hit $1.3 trillion in 2026, driven by surging demand for AI processing, data center networking, and memory chips. This so-called 'memflation'—a sharp rise in memory chip prices due to limited suppliers and high margins in data center memory—has led to explosive growth in semiconductor revenue and profits. Micron, Samsung, and SK Hynix are among the beneficiaries, with Micron alone reporting a 682% jump in EPS. Navitas, which supplies power ICs for EVs and fast-charging systems, stands to gain from the broader demand for AI infrastructure and high-performance silicon. The company’s stock is now up more than 13% for the day, signaling strong retail and institutional support.

Semiconductor Sector Booming, Intel Leads with 9.88% Rally
The broader semiconductor sector is in a tailwind phase. Intel (INTC) has led the way today with a 9.88% intraday gain, reflecting the sector’s strong momentum. The Gartner report, which highlights a third consecutive year of double-digit growth in the chip industry, is clearly fueling investor optimism. Navitas’ surge, while not as extreme as Intel’s, aligns with the broader sector trend, particularly as memory and networking chips gain traction in AI and data center demand. The sector is clearly in a growth phase, and companies with exposure to AI infrastructure, high-performance memory, or silicon innovation are attracting attention.

Options and Technicals Highlight Strategic Entry Points for Navitas Bulls
• RSI: 38.43 (oversold)
• MACD: -0.1364 (bearish), Signal: -0.0704 (bullish shift expected)
• Bollinger Bands: Upper $10.68, Middle $9.17, Lower $7.67 (current price near upper band)
• 200-day moving average: $8.44 (well above)
• 30-day moving average: $9.11 (just above)
• Turnover rate: 13.57% (elevated, indicating strong participation)

Navitas is breaking out decisively from a tight range, with RSI indicating oversold conditions and Bollinger Bands suggesting a potential extension of the current upward trend. The 200-day moving average is a strong support base, and the stock is now above the 30-day MA, signaling positive momentum. The sector is in a strong updraft, and with memflation-driven demand expected to persist, investors may want to position for continuation of the move.

Two standout options from the chain for those willing to take on more leveraged exposure are:

• NVTS20260417C9.5
- Type: Call
- Strike Price: $9.50
- Expiration: April 17, 2026
- Implied Volatility: 118.50% (high)
- Leverage Ratio: 13.28% (moderate)
- Delta: 0.5265 (moderate sensitivity)
- Theta: -0.0552 (high time decay)
- Gamma: 0.2152 (strong gamma, sensitive to price swings)
- Turnover: $49,126 (moderate liquidity)
- IV = 118.50% → high volatility expectation
- Leverage = 13.28% → moderate leverage for a near-money call
- Delta = 0.5265 → moderate exposure to price changes
- Theta = -0.0552 → high time decay, favoring quick moves
- Gamma = 0.2152 → strong sensitivity to underlying price movement
- This option offers a good balance between moderate leverage, high gamma, and high IV, making it ideal for traders expecting a continued pop in Navitas’ share price over the next week.

• NVTS20260417C9
- Type: Call
- Strike Price: $9.00
- Expiration: April 17, 2026
- Implied Volatility: 130.21% (very high)
- Leverage Ratio: 9.16% (moderate)
- Delta: 0.6292 (high sensitivity)
- Theta: -0.0596 (high time decay)
- Gamma: 0.1859 (strong gamma)
- Turnover: $117,137 (high liquidity)
- IV = 130.21% → strong volatility signal
- Leverage = 9.16% → moderate exposure with upside potential
- Delta = 0.6292 → strong price sensitivity
- Theta = -0.0596 → high time decay, favoring fast-moving scenarios
- Gamma = 0.1859 → strong sensitivity to underlying price movement
- This is one of the most liquid and high-gamma options in the chain, making it an ideal speculative bet for aggressive bulls expecting a strong continuation above $9.50.

If Navitas can hold above $9.17 (middle Bollinger Band), the 9.50 and 10.00 levels become critical. Aggressive bulls may consider NVTS20260417C9 or NVTS20260417C9.5 into a breakout above $9.50 with a stop just below $9.14 (intraday low).

Backtest Navitas Stock Performance
The backtest of NVTS's performance after a 13% intraday surge from 2022 to the present shows mixed results. While the 3-day and 10-day win rates are above 46%, the 30-day win rate is slightly lower at 46.69%. The maximum return during the backtest was 8.35%, which occurred on day 58, indicating that while NVTS had a positive response to the intraday surge, the overall performance over longer periods was more modest.

Navitas' Surge Reflects Semiconductor Momentum—Take Profit or Ride the Wave?
Navitas' 13.13% rally is not just a single-day pop—it is a reflection of a broader semiconductor supercycle driven by AI, memflation, and surging demand for memory and networking chips. With the stock now above key technical levels and the sector in a strong uptrend, this appears to be a high-conviction move with potential to continue. Intel, the sector leader, has surged nearly 10%, reinforcing the strength of the sector. Investors should closely watch the $9.50 and $10.00 levels—both psychological and technical pivots—as well as the 52-week high of $17.79 for long-term potential. If Navitas can sustain above $9.17, the move could be just the beginning. For now, NVTS20260417C9 and NVTS20260417C9.5 offer leveraged exposure to a bullish continuation. Watch for a breakout above $10.00 and a retest of the 200-day MA as key signals for next steps.