Wolfspeed

Wolfspeed, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

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Wolfspeed reports revenue growth and record design-ins, faces ramping challenges

Wolfspeed's Q3 performance showed revenue growth and record design-ins, but challenges with ramping materials capacity impacted cash burn. Despite this, the company's strengths lie in its strategic vision, strong design-in conversion rate, and confidence in power device growth. Opportunities exist in expanding the silicon carbide market and reaching 20% fab utilization by 2024.

Wolfspeed faces supply chain challenges but sees growth in silicon carbide

Wolfspeed faces challenges with supply chain issues impacting revenue, but strong demand for silicon carbide presents growth opportunities. The company's focus on new facilities and cautious approach to ramp-ups position it for future success.

Wolfspeed reports robust Q3 earnings, eyes growth amid funding challenges

Wolfspeed's Q3 performance reflects strong revenue growth and record design-ins, but challenges in gross margin and cash flow management persist.
Despite these challenges, the company's solid liquidity position, revenue targets for 2024, and focus on capacity expansion present growth opportunities.
Navigating funding needs, operational expenses, and ramping delays will be key focus areas for Wolfspeed to achieve its growth targets and maintain customer loyalty.

Wolfspeed secures $5B for expansion, targets $1B revenue in 2024

Wolfspeed's strong financial position, strategic customer agreements, and focus on silicon carbide technology position them for future growth. Despite challenges in yield and start-up costs, they are making progress in expanding capacity and improving margins. The company's emphasis on R&D and operational efficiency bodes well for their long-term success.

Wolfspeed excels in Q1, anticipates supply-demand mismatch opportunities

Wolfspeed's Q1 2024 performance exceeded expectations, showcasing operational excellence and market demand.
Despite challenges in certain sectors, the company remains confident in its long-term strategy and market position.
Strong focus on capacity expansion, raw materials investment, and optimizing balance sheet to drive growth.
Anticipated supply-demand mismatch presents opportunities for revenue growth and market leadership in silicon carbide.

Wolfspeed reports robust Q2 earnings, eyes EV market growth

Wolfspeed's Q2 performance reflects strong revenue growth and operational improvements, supported by a solid financial position.
While facing challenges with underutilization costs and gross margin expectations, the company is well-positioned to capitalize on long-term demand for silicon carbide devices.
Exciting opportunities in the EV industry and a favorable market environment for materials underscore Wolfspeed's growth potential.
Operational efficiency gains and strategic customer agreements position Wolfspeed for continued success in the semiconductor market.

Wolfspeed reports robust Q3 revenue and design wins, eyes positive EBITDA

Wolfspeed's Q3 showcased strong revenue growth and design wins, but challenges in margins and design wins persist. The company's focus on silicon carbide technology and operational improvements drives confidence. Opportunities lie in positive EBITDA outlook and ramping key projects.

Wolfspeed reports $201M revenue in Q4, focuses on cost optimization

Wolfspeed's Q4 performance reflects strong revenue growth and operational improvements, despite challenges in gross margins. With a focus on cost reduction and profitability enhancement, the company aims to achieve positive EBITDA and operating cash flow by early fiscal 2026.

Wolfspeed restructures for growth, targets $3B revenue, and EV market

Wolfspeed is strategically positioning itself for growth by focusing on operational efficiency, revenue diversification, and cost-saving initiatives. While facing short-term challenges from restructuring efforts, the company aims to capitalize on EV market growth and streamline its operations for profitability.

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Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112747&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed Lawsuit - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112745&wire=1 or contact Joseph E. Levi, Esq.

January 17, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112744&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc.(WOLF) Shareholders

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112743&wire=1 or contact Joseph E. Levi, Esq.

Investors who lost money on Wolfspeed, Inc.(WOLF) should contact Levi & Korsinsky about pending Class Action - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112742&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112741&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Wolfspeed, Inc.(WOLF)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112740&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Wolfspeed, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 17, 2025 - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112739&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112736&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed, Inc. Lawsuit - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112734&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Notifies Wolfspeed, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112733&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against Wolfspeed, Inc. (WOLF) - January 17, 2025 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112731&wire=1 or contact Joseph E. Levi, Esq.

Contact Levi & Korsinsky by January 17, 2025 Deadline to Join Class Action Against Wolfspeed, Inc.(WOLF)

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112730&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against Wolfspeed, Inc. (WOLF) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112728&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - WOLF

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112722&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc. (WOLF) Shareholders

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112721&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights – WOLF

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112718&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Wolfspeed, Inc.(WOLF)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112709&wire=1 or contact Joseph E. Levi, Esq.

Investors in Wolfspeed, Inc. Should Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights – WOLF

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112708&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Wolfspeed, Inc.(WOLF) should contact Levi & Korsinsky about pending Class Action - WOLF

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Announces Investigation of Wolfspeed, Inc. (WOLF) on Behalf of Investors

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112699&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Class Action: Levi & Korsinsky Reminds Wolfspeed Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 17, 2025 – WOLF

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE:WOLF) in the United States District Court for the Northern District of New York on behalf of all persons and entities who purchased or otherwise acquired Wolfspeed securities between August 16, 2023 to November 6, 2024, both dates inclusive (the “Class Period”). Investors have until January 17, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

WOLFSPEED ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Wolfspeed, Inc. and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112694&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed, Inc. Lawsuit – WOLF

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112690&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights - WOLF

SAN DIEGO , Nov. 19, 2024 /PRNewswire/ -- Robbins LLP announces that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024. Wolfspeed is a global semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications.

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