Why Navitas Semiconductor (NVTS) stock is down today — and what traders watch next
New York, Jan 23, 2026, 15:17 EST — Regular session Navitas Semiconductor shares dropped roughly 10% on Friday, retreating from a steep gain the previous day as chip stocks slipped following a cautious outlook from Intel that shook investor confidence. The decline is notable since Navitas ranks among the smaller, high-beta chip stocks traders lean on to gauge AI-driven demand.…