WOLF News and Press, Wolfspeed Inc. From 06/23/23

2023-06-23 09:24:05 ET The U.S. Commerce Department said on Friday that it was expanding the eligibility for companies to receive funds from the U.S. CHIPs Act to include those that make semiconductor equipment and chemicals used for chip making. "After the pandemic exposed holes an...

2023-06-14 03:30:54 ET Summary The acquisition of Coherent proved to impede the combined company’s resources considerably, due to the current macro conditions. The combined company of II-VI and Coherent now controls a durable and attractive portfolio within the industrial, ...

2023-06-10 18:55:00 ET The Citi quantitative team is still confident about its Oversold Strategy, despite a second stumble in returns this year. "Our systematic Oversold Strategy posted its second loss (-4%) this year in May, as the equity market is following more closely on the credit ...

2023-06-09 15:00:43 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-06-07 15:10:13 ET Summary Wolfspeed stock seems overvalued with optimistic revenue growth estimations already priced in, and the company has a history of uneven financial performance. Despite massive YoY growth in the last eight consecutive quarters, profitability metrics hav...

2023-06-02 06:15:00 ET Aixtron is a semiconductor equipment manufacturer focusing on equipment needed for GaN and SiC semiconductors, which are heavily used in EVs and needed by companies like Wolfspeed (NYSE: WOLF) .  Check out the short video to learn what semicondu...

2023-05-20 00:30:45 ET Summary WOLF has had trouble moving to 200mm wafers at its new facility. The company issued very weak FY24 guidance as a result, with low assumptions for the facility to ramp up. I'm upgrading the stock to "Buy" on the current set-up. Back in M...

2023-05-18 11:54:23 ET Nvidia ( NASDAQ: NVDA ) was among the biggest gainers in the semiconductor industry on Thursday after the Jensen Huang-led company announced details for its new low-priced GPUs. Nvidia ( NVDA ) officially announced its GeForce RTX 4060 family of GP...

2023-05-18 09:30:16 ET Wolfspeed ( NYSE: WOLF ) shares rose fractionally in pre-market trading on Thursday even as Jefferies started coverage on the semiconductor company with a hold rating. Analyst Natalia Winkler noted that she likes Wolfspeed's ( WOLF ) position in the si...

2023-05-03 09:42:53 ET As Taiwan Semiconductor ( NYSE: TSM ) looks to expand its global presence, the world's largest chip foundry is reportedly in talks with partners to build a manufacturing fab in Germany. The global foundry, which produces chips for companies like Apple ( ...