🔴 Navitas Semiconductor is trading 5% down in after-hours trading as Intel's outlook weighs on chip stocks

Navitas Semiconductor is trading at $8.75, down 4.89%, after hours on October 29, 2026, amid broader semiconductor weakness following Intel’s disappointing fourth-quarter guidance. - Reuters reported chip stocks sold off post-close, citing spillover from Intel’s outlook. - No clear new company-specific announcement was identified to explain the drop.