Shares of Navitas Fall After Wolfspeed Files Patent Infringement Lawsuit

Dow Jones

Jul 09

Shares of Navitas fell after Wolfspeed filed a patent infringement lawsuit against the gallium nitride semiconductor developer.

The stock was down 9.5% to $12.72 in recent trading. Despite the intraday decline, shares were up 78% since the start of the year.

Wolfspeed, a semiconductor technology company, alleged several of Navitas's major product lines, including GaN-based FETs and its GenerSiC MOSFETs and SiCPak modules, infringed on Wolfspeed patents, in accordance with semiconductor and high-power electronic provisions of patent law.

Navitas on Wednesday said it disputes Wolfspeed's claims.

Write to Grace Yoon at grace.yoon@wsj.com

(END) Dow Jones Newswires

July 08, 2026 12:10 ET (16:10 GMT)

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Despite the intraday decline, shares were up 78% since the start of the year. \n</p>\n<p>\n  Wolfspeed, a semiconductor technology company, alleged several of Navitas's major product lines, including GaN-based FETs and its GenerSiC MOSFETs and SiCPak modules, infringed on Wolfspeed patents, in accordance with semiconductor and high-power electronic provisions of patent law. \n</p>\n<p>\n  Navitas on Wednesday said it disputes Wolfspeed's claims. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Grace Yoon at grace.yoon@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 08, 2026 12:10 ET (16:10 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BERZ","symbol_name":"MicroSectors FANG & Innovation -3X Inverse Leveraged ETN","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2650997978","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650997978","pubTimestamp":1783527000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Navitas fell after Wolfspeed filed a patent infringement lawsuit against the gallium nitride semiconductor developer.The stock was down 9.5% to $12.72 in recent trading. Despite the intraday decline, shares were up 78% since the start of the year.Wolfspeed, a semiconductor technology company, alleged several of Navitas's major product lines, including GaN-based FETs and its GenerSiC MOSFETs and SiCPak modules, infringed on Wolfspeed patents, in accordance with semiconductor and high-power electronic provisions of patent law.Navitas on Wednesday said it disputes Wolfspeed's claims.Write to Grace Yoon at grace.yoon@wsj.com Dow Jones NewswiresJuly 08, 2026 12:10 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BERZ":"MicroSectors FANG & Innovation -3X Inverse Leveraged ETN","DYNI":"IDX DYNAMIC INNOVATION ETF","BK4535":"淡马锡持仓","FTXL":"First Trust Nasdaq Semiconductor ETF","LCLG":"Logan Capital Broad Innovative Growth ETF","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","FNGO":"MicroSectors FANG+ Index 2X Leveraged ETN","SMH":"半导体指数ETF-HOLDRs","BK4588":"碎股","SSG":"Proshares Ultrashort Semiconductors","PSI":"INVESCO SEMICONDUCTORS ETF","SOXY":"YieldMax Target 12 Semiconductor Option Income ETF","XSD":"SPDR S&P Semiconductor ETF","SOXX":"iShares费城交易所半导体ETF","FWD":"AB DISRUPTORS ETF","QQQP":"Tradr 2X Long Innovation 100 Quarterly ETF","SOXS":"三倍做空半导体ETF-Direxion Daily","SMHX":"VanEck Fabless Semiconductor ETF","SOXQ":"Invesco PHLX Semiconductor ETF","BKIV":"BNY MELLON INNOVATORS ETF","USD":"ProShares Ultra Semiconductors","CHPS":"XTRACKERS SEMICONDUCTOR SELECT EQUITY ETF","BK4585":"ETF&股票定投概念","VGT":"信息技术ETF-Vanguard","SOXL":"三倍做多半导体ETF-Direxion Daily","CHPY":"YieldMax Semiconductor Portfolio Option Income ETF","QQH":"HCM Defender 100 Index ETF"},"translate_title":"Wolfspeed提起专利侵权诉讼后Navitas股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/877508a4bb69694ef47efdb0752d65f1","symbols_score_info":{"QQH":0.62,"TEKX":0.62,"DYNI":0.62,"SOXS":0.62,"SSG":0.62,"QQQP":0.62,"USD":0.62,"PSI":0.62,"CHPS":0.62,"FTXL":0.62,"SMHX":0.62,"XSD":0.62,"FNGO":0.62,"SOXL":0.62,"VGT":0.62,"CHPY":0.62,"SOXX":0.62,"SMH":0.62,"LCLG":0.62,"FWD":0.62,"SOXY":0.62,"SOXQ":0.62,"BKIV":0.62,"BERZ":0.62},"content_text":"Shares of Navitas fell after Wolfspeed filed a patent infringement lawsuit against the gallium nitride semiconductor developer. \n\n\n  The stock was down 9.5% to $12.72 in recent trading. Despite the intraday decline, shares were up 78% since the start of the year. \n\n\n  Wolfspeed, a semiconductor technology company, alleged several of Navitas's major product lines, including GaN-based FETs and its GenerSiC MOSFETs and SiCPak modules, infringed on Wolfspeed patents, in accordance with semiconductor and high-power electronic provisions of patent law. \n\n\n  Navitas on Wednesday said it disputes Wolfspeed's claims. \n\n\n \n\n\n  Write to Grace Yoon at grace.yoon@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 08, 2026 12:10 ET (16:10 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}