Why Is Magnachip Semiconductor Stock Soaring Monday?
Navitas invests $5M in Magnachip (MX) to advance silicon carbide power tech. Magnachip shares surge on high volume following the deal.
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8-K filing — MAGNACHIP SEMICONDUCTOR Corp (MX)
Filed: 2026-09-21 AccNo: 0001193125-26-396059 Size: 464 KB Item 1.01: Entry into a Material Definitive Agreement Item 3.02: Unregistered Sales of Equity Securities Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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Magnachip Semiconductor shares are trading higher after the company announced it agreed to make a $5 million strategic equity investment.
Navitas Semiconductor Agrees To Make $5M Strategic Equity Investment In Magnachip
Investment deepens strategic partnership and supports development of differentiated next-generation power semiconductor solutionsMagnachip Semiconductor Corporation (NYSE:MX) ("Magnachip" or the