Navitas Semiconductor (NASDAQ:NVTS) faces a patent infringement lawsuit from Wolfspeed over GaN and SiC products—claims Navitas denies and vows to defend—while its stock slipped about 9.5% to $12.72 ahead of Q2 2026 results and an earnings call July 27.
Previous Week Recap
- Navitas Sued By Wolfspeed: Navitas (NVTS) sued by Wolfspeed for alleged patent infringement on GaN and SiC products; Navitas denies claims, vows defense. Stock fell about 9.5% intraday to $12.72 after the filing.
- Navitas Q2 2026 Results: Navitas Semiconductor (NVTS) will report Q2 2026 results after market close July 27, 2026. Management will host a 2:00 p.m. PT earnings call; webcast and materials available on the IR site.
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