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 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Levi & Korsinsky Reminds Shareholders of an Investigation into Wolfspeed, Inc. (WOLF) Regarding Potential Securities Fraud Allegations

NEW YORK CITY, NY / ACCESSWIRE / November 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF). Investors who purchased Wolfspeed securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/WOLF.

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Wolfspeed, Inc. (WOLF) and Encourages Investors to Learn More About the Investigation

Wolfspeed, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - WOLF

RADNOR, PA / ACCESSWIRE / November 18, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE:WOLF) ("Wolfspeed"). On November 6, 2024, during after-market hours, Reuters published an article entitled "Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink.

WOLF Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Wolfspeed, Inc. (NYSE:WOLF) Investors with Significant Losses to Contact the Firm

Chipmaker Wolfspeed said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges from slowing demand for electric vehicles, sending its shares up about 6%.

Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed (NYSE: WOLF) today announced that its Board of Directors (the “Board”) has determined and agreed with Gregg Lowe that he will depart this month from his roles as Wolfspeed's President and Chief Executive Officer and as a member of the Board. The Board is conducting a search to identify a permanent CEO with the support of a leading global executive search firm. The Board has appointed Thomas Werner, Chairman of the Board, as Executive Chairman while the B.

Wolfspeed Announces Leadership Transition

NEW YORK, NY / ACCESSWIRE / November 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Wolfspeed, Inc. Being Investigated on Behalf of Wolfspeed, Inc. Investors. Contact Levi & Korsinsky For Details.

Wolfspeed, Inc. (WOLF) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

RADNOR, Pa., Nov. 17, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed”).

NYSE: WOLF Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Wolfspeed, Inc. (NYSE: WOLF) Investors with Significant Losses to Contact the Firm

Lost Money on Wolfspeed, Inc.(WOLF)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK CITY, NY / ACCESSWIRE / November 17, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF). Investors who purchased Wolfspeed securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/WOLF.

Wolfspeed, Inc. (WOLF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

RADNOR, Pa. , Nov. 16, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) ("Wolfspeed").

NYSE: WOLF Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Wolfspeed, Inc. (NYSE: WOLF) Investors with Significant Losses to Contact the Firm

NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Wolfspeed, Inc. (NYSE: WOLF) resulting from allegations that Wolfspeed may have issued materially misleading business information to the investing public.

Wolfspeed, Inc. Announcement: If You Have Suffered Losses in Wolfspeed, Inc. (NYSE: WOLF), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, NY / ACCESSWIRE / November 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Investors who Lost Money on Wolfspeed, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - WOLF

Levi & Korsinsky Reminds Wolfspeed, Inc. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - WOLF

NEW YORK CITY, NY / ACCESSWIRE / November 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF). Investors who purchased Wolfspeed securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/WOLF.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Wolfspeed, Inc. (WOLF) And Encourages Investors to Connect

NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Wolfspeed, Inc. (NYSE: WOLF) resulting from allegations that Wolfspeed may have issued materially misleading business information to the investing public. So What: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Rosen Law Firm Encourages Wolfspeed, Inc. Investors to Inquire About Securities Class Action Investigation - WOLF

NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Wolfspeed, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- WOLF

NEW YORK CITY, NY / ACCESSWIRE / November 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF). Investors who purchased Wolfspeed securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/WOLF.

Bronstein, Gewirtz & Grossman, LLC Encourages Wolfspeed, Inc. (WOLF) Stockholders to Inquire about Securities Investigation

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NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

WOLF ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Wolfspeed, Inc. investment

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces an investigation of Wolfspeed, Inc. (NYSE: WOLF) for potential violations of the federal securities laws.

WOLF BREAKING NEWS: Wolfspeed, Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company (NYSE: WOLF)

WOLF ALERT - Levi & Korsinsky Has Commenced an Investigation on Behalf of Wolfspeed, Inc. Shareholders Who Lost Money

NEW YORK CITY, NY / ACCESSWIRE / November 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF). Investors who purchased Wolfspeed securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/WOLF.

Wolfspeed, Inc. (WOLF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

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