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Navitas

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Navitas (NVTS) Stock; Sinks 18% as Nvidia-Led AI Chip Rally Fades

June 8, 2026 CryptoExpert

TLDRs; Navitas plunged 18% as AI chip enthusiasm faded across semiconductor sector trading. Nvidia-linked rally reversed sharply, triggering profit-taking in high-growth AI infrastructure stocks. Broader chip selloff wiped billions, pressuring speculative names like Navitas Semiconductor. […]

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