Shares of semiconductor company Navitas Semiconductor (NVTS) rose over 6% on Monday (August 3), closing at $11.52. Despite the rebound, the stock is still down over 24% in the past month and remains well below its May high of $15.74. Analysts point out that the company's CEO, Chris Allexandre, confirmed that hyperscale data center revenue growth will not materialize until 2027. Additionally, the company is facing a patent infringement lawsuit filed by Wolfspeed on July 28, which has increased its legal risks and valuation pressure.