🔴 Navitas Semiconductor is trading 4.1% down today amid a broader chip-sector selloff and lingering pressure from a patent lawsuit

Navitas Semiconductor is trading at $12.73 (4.1% down) in pre-market, giving back part of its recent rebound after heavy selling tied to a Wolfspeed patent lawsuit and its removal from the Russell index in late June.

• The broader semiconductor group is under pressure as investors take profits following strong TSMC earnings and reassess rich AI-driven valuations, adding sector-wide headwinds.
• The stock continues to face volatility as the market looks ahead to the company's Q2 earnings report scheduled for July 27, 2026.