Wolfspeed holds a key SiC position with OEM ties and IP, priced at ~8x sales as a 200mm ramp, utilization, and margins remain ...
Wolfspeed posted revenue of approximately $197 million. Its financial health was notably impacted by an adjusted gross margin of -26%. This figure includes roughly $29 million in inventory-related ...
The 300mm silicon carbide wafer targets higher production capacity for power electronics and advanced system integration.
An American flag flies above Wolfspeed prior to a visit by then-President Joe Biden on Tuesday, March 28, 2023, in Durham, N.C. Kaitlin McKeown [email protected] Within an hour of trading ...
Wolfspeed stock skyrocketed yesterday after the company announced its next CFO, and the rally continued today. The silicon carbide specialist is moving forward with a Chapter 11 bankruptcy and ...
The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday, officially starting a reorganization the company says will allow it to shed billions in debt. The filing ...
Do you own a stake in industrial technology outfit Wolfspeed (NYSE: WOLF)? Maybe it's on your watch list? Whatever the case, it's a compelling but complicated investment prospect. The company's tech ...
Shares of Wolfspeed closed at $2.59 Friday, down about 56% from the close of regular trading on Wednesday. The share has dropped 91% in the past year as it undergoes a manufacturing transition amid ...
Wolfspeed secured nearly $700M in CHIPS tax rebate for Siler City materials plant After Chapter 11 and mass layoffs, Wolfspeed exited with $1.5B cash reserves Company shifts to 200mm wafers but faces ...
Wolfspeed Inc (NYSE:WOLF) shares are down 15.1% to $3.50 during Tuesday’s session, paring back gains from a sharp 77% rally over the past week. The stock gained in recent sessions despite no new ...
A handful of speculators are buying into shares of this bankrupt company on the belief that the worst-case scenario is already priced in. The company’s technology certainly has the potential to ...
The silicon carbide market is facing a temporary headwind, but growth is coming. Wolfspeed is spending heavily now to grow its future production capacity. This stock’s weakness since 2022 is a buying ...