Wolfspeed Sues Navitas Semiconductor Over Patent Infringement
Wolfspeed has sued Navitas Semiconductor for alleged patent infringement involving GaN and SiC chip technologies. Both companies are under financial pressure, with Wolfspeed carrying over $1.7 billion in debt and Navitas experiencing declining revenue and negative net margins. Analysts suggest a licensing settlement is likely.
Topics: ai_chips navitas_semi semiconductors wide_bandgap_technology wolfspeed