Navitas Semiconductor Shares Drop Following Patent Infringement Lawsuit from Wolfspeed

Shares of Navitas Semiconductor (NASDAQ:NVTS) dropped by 7% after Wolfspeed Inc. (NYSE:WOLF) filed a patent infringement lawsuit in the U.S. District Court for Delaware, alleging that several core products infringe on its patents.

By Fiona Craig Wed, July 8, 2026 at 4:32 PM GMT+3 1 min read · Yahoo Finance · July 8, 2026, 13:32 UTC

Tickers: $NVTS $WOLF

Topics: GaN lawsuits patents semiconductors SiC

Read the full article at Yahoo Finance

More Politics news

Pomerantz Law Firm Investigates HCA Healthcare Following Reduced Profit Guidance PR Newswire · November 12, 2026, 16:25 UTC
Pomerantz Law Firm Investigates Greenland Energy (GLND) Following Short Seller Report PR Newswire · November 12, 2026, 16:15 UTC
Pomerantz Law Firm Investigates Potential Securities Fraud at Foghorn Therapeutics (FHTX) PR Newswire · November 12, 2026, 16:00 UTC
Pomerantz Law Firm Investigates VinFast Auto Ltd. Following Significant Operating Losses PR Newswire · November 12, 2026, 15:55 UTC
Class Action Lawsuit Filed Against Skechers U.S.A., Inc. Regarding Take-Private Acquisition PR Newswire · November 12, 2026, 15:00 UTC
Class Action Lawsuit Filed Against Compass, Inc. Regarding Merger Disclosures PR Newswire · November 12, 2026, 15:00 UTC
Scott Colom Defeats Incumbent Cindy Hyde-Smith in Mississippi Senate Election CNBC · November 11, 2026, 23:03 UTC
Advocacy Groups Prepare to Pressure Politicians Over Data Center Restrictions Following Midterm Elections The Verge · November 11, 2026, 21:56 UTC
Alleged Security Concerns Involving Nvidia CEO Jensen Huang Prompt US-Taiwan Official Concern The Verge · November 11, 2026, 19:22 UTC
Scott Colom Maintains Narrow Lead Over Cindy Hyde-Smith in Mississippi Senate Race CNBC · November 10, 2026, 21:55 UTC