Navitas Semiconductor Responds to Patent Infringement Complaint Filed by Wolfspeed

About this update from Navitas Semiconductor Corporation

TORRANCE, Calif., July 08, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today issued the following statement regarding the patent infringement complaint filed by Wolfspeed. Navitas is aware of the complaint filed by Wolfspeed in the United States District Court for the District of Delaware. While the Company generally does not comment on pending litigation, Navitas disputes the allegations in the complaint, will vigorously defend itself and its products against baseless accusations of infringement, and expects to prevail in the litigation. In the meantime, Navitas remains fully committed to executing its growth strategy and delivering innovative products that address the rapidly expanding demand for next-generation power semiconductors. Navitas is a pioneer in next-generation, power semiconductor products and is a market leader in GaN and SiC products. Navitas has built its business through decades of innovation, engineering excellence, and the development of industry-leading technologies backed by its own robust global intellectual property portfolio. Navitas respects intellectual property and its technology is the product of decades of independent innovation, research, development and investment. The Company is disappointed that Wolfspeed would file the recent baseless litigation in an attempt to seek an advantage that they are unable to gain through healthy competition. Because this matter involves pending litigation, Navitas does not intend to comment further at this juncture. About Navitas Navitas Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers, energy and grid infrastructure, performance computing and industrial electrification. With more than 30 years of combined expertise in wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster power delivery, higher system density, and greater efficiency. GeneSiC™  high-voltage SiC devices leverage patented trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medi...

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