Navitas Semiconductor Stock Plummets Amid Trade Deal Developments and Interest Rate Uncertainty

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-29 23:43:01

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Navitas Semiconductor (NVTS) shares tumbled 9.1% intraday, underperforming broader indices as the S&P 500 and Nasdaq dipped marginally. The selloff follows the TRUMP administration's decision to lift export restrictions on AI chips and semiconductor equipment to China—a strategic move aimed at securing rare earth mineral access through trade negotiations.

Gallium nitride (GaN) and silicon carbide (SiC) specialist Navitas faces heightened competitive risks from Chinese manufacturers should trade relations improve. Concurrently, fading expectations for imminent Fed rate cuts exacerbated downward pressure on the stock, with traders repricing monetary policy trajectories.

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