🔴 Power Integrations is trading 4.67% down as semiconductor stocks sell off

Power Integrations is trading at $45.99, down 4.67%, as semiconductor stocks sold off.

• Lam Research’s outlook highlighted supply constraints and an expected decline in China revenue, weighing on the sector.
• The broader market was also sharply lower, adding pressure to technology shares.
• No new company-specific catalyst was identified; its recent AI data-center collaboration news predates this move. Available evidence points to sector weakness, not a Power Integrations-specific announcement.