POET Technologies is trading 5.5% down today at $7.86 as a broad semiconductor sector pullback compounds existing legal and commercial overhangs.
- The stock remains pressured by earlier lawsuits regarding its tax status and the cancellation of Marvell-related purchase orders tied to Celestial AI.
- Today’s downside momentum is being driven by a wider chip-sector sell-off sparked by geopolitical tensions and a general shift toward risk-off sentiment.