🔴 CEVA is trading 6.25% down in pre-market amid chip weakness on Intel's weak forecast

CEVA is trading at $30.14 (-6.25%) in pre-market as broader semiconductor weakness weighs on chip stocks. - The semiconductor sector is down 5.64% pre-market. - Intel’s weak forecast and PC-demand concerns are weighing on chip stocks. - CEVA’s latest company news was its October 28 NeuPro NPU launch and AI-infrastructure expansion; that announcement described product capabilities, not a reason for this decline.