Shares in gallium nitride (GaN) and silicon carbide (SiC) semiconductor company Navitas Semiconductor ( NVTS -10.91%) rose by more than 18% in the week to Friday morning. The move follows another week of positive news flow for a stock that's now up 69% in 2025, after being down by more than 50% in the year to mid-April.

The shift from AI training to inferencing, especially for reasoning models, is an opportunity to drive greater GPU demand, the company recently said. Bears have worried about this transition.

I outlined where I thought tech giant Nvidia's business and stock would be in five years, or in March 2025. Indeed, from March 1, 2020 (when my five-year predictions article published) through March 1,