On July 7, Navitas Semiconductor fell 8.34% in regular trading, trading at $13.69/share, with Turnover of $74.47 million.

Within the Semiconductors sector where Navitas Semiconductor belongs, the overall sector showed broad-based weakness. Among individual stocks, Intel down 10.17%, Marvell Technology down 9.40%, Micron Technology down 8.37%, Advanced Micro Devices down 7.51%, NVIDIA down 1.93%.

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

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