WOLF News and Press, Wolfspeed Inc. From 10/17/22

Wolfspeed ( NYSE: WOLF ), ON Semiconductor ( NASDAQ: ON ) and Applied Materials ( AMAT ) were among the semiconductor companies that rose on Monday as investment firm William Blair initiated coverage on the silicon carbide industry, noting it appears poised to disrup...

Summary EV market growth creates a strong opportunity for silicon carbide and leads to tighter competition in the market. Despite pressing rivalry, I believe Wolfspeed’s market is well-protected by manufacturing complexities and its dominant position in the supply chain. ...

Summary Semiconductor stocks remain in a downtrend heading into Q4, but that does not mean some did not do much better than others. An increasing number of semis are reporting weakening demand, which comes on the eve of a strong surge in semiconductor supply. Some segments of ...

Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2023 results on Wednesday, October 26 th , 2022, at 5:00 pm Eastern Time. The Company will also host an Investor Da...

Summary Wolfspeed has had considerable success promoting its Silicon Carbide (SiC) chip activity for EVs in the past year as shares have risen 40%. Wolfspeed’s automotive SiC represented just 10% of its design-in revenue profile as it competes against ST Microelectronics an...

Wolfspeed ( NYSE: WOLF ) will build a multi-billion-dollar materials manufacturing facility in Chatham County, North Carolina, the semiconductor company announced on Friday . The facility will primarily produce 200mm silicon carbide wafers for supply to Wolfspeed's Mohawk ...

Wolfspeed to increase Materials capacity by more than 10x Silicon Carbide Materials manufacturing facility to be located in Chatham County, strategically located near existing Durham Materials factory Company expands partnership with NC A&T to foster next generatio...

Robinhood (NASDAQ: HOOD) investors have a reputation for buying meme stocks and cryptocurrencies, presumably because they're fishing for quick gains instead of long-term returns. The average Robinhood account was also only worth $2,803 in the brokerage's latest quarter, and some inv...

Summary Wolfspeed continues to report surging demand with FQ4'22 revenue smashing estimates. The company announced $2.6 billion in quarterly design-in wins and $6.4 billion for the last FY. The stock appears expensive at 14x FY23 sales targets, but Wolfspeed only trades at ~2x...

II-VI reinforced its role as a Silicon Carbide (SiC) wafers leader by inking a deal to supply IC leader Infineon Technologies. The SiC inverter market for EVs for 2021 and 2030 could exhibit a (compound annual growth rate) of 56% vs 25% for EV growth. II-VI is scheduled to announc...