Navitas Semiconductor (NASDAQ: NVTS) is a small-cap company that designs gallium nitride (GaN) and silicon carbide (SiC) chips. It had a slow start to 2025, but its share price skyrocketed after the company and Nvidia announced a partnership agreement in May. Navitas is developing technology to support Nvidia's artificial intelligence (AI) data center systems.

Since then, its stock has risen by 218% (as of Sept. 11). This kind of increase sometimes means a stock split is on the horizon. Let's explore why companies split their stocks to see if Navitas might do the same.

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Source Fool.com