Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500’s steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution.
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Why Aren't More People Talking About This Big News About an Nvidia Partner?
ON Semiconductor (NASDAQ: ON) and Navitas Semiconductor (NASDAQ: NVTS) are partnering with Nvidia to advance next-generation data centers. While Navitas has seen its stock soar 89% this year despite projected losses until 2027, ON Semiconductor's stock has declined 28%, primarily due to its focus on silicon carbide chips for the automotive and electric vehicle markets. Want More Context? 🔎
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