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Navitas Semiconductor (NVTS) saw a stock increase following President Trump's remarks on collaborating with tech firms to manage data center utility costs. The company specializes in advanced power chips essential for AI data centers and is set to participate in the 28th Annual Needham Growth Conference on January 14. Meanwhile, Microsoft is adjusting its operations for energy efficiency amidst rising concerns over electricity demands, prompting legislative measures in Illinois to address energy price increases.