WOLF - Better Tech Stock: Axcelis Technologies vs. Wolfspeed
2024-04-09 08:15:00 ET
Axcelis Technologies (NASDAQ: ACLS) and Wolfspeed (NYSE: WOLF) represent two different ways to invest in the niche market of silicon carbide chips, which can operate at higher voltages, temperatures, and frequencies than traditional silicon chips.
Axcelis' ion implantation systems can be used to produce silicon carbide by implanting carbon ions into silicon. Its systems are also used in the production of DRAM and NAND memory chips, image sensors, and other types of silicon chips. Wolfspeed produces wide-bandgap (WBG) semiconductors that are made from silicon carbide.
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Better Tech Stock: Axcelis Technologies vs. Wolfspeed