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Today, Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, issued the following statement regarding the recent decision by the Chinese Ministry of Commerce to restrict the export of gallium and germanium which is scheduled to take effect on August 1, 2023. The state...
2023-07-17 14:34:24 ET Semiconductor stocks were mostly in positive territory on Monday as investors awaited earnings season and digested a number of Wall Street research reports. ON Semiconductor ( NASDAQ: ON ) paced the sector with gains of more than 4% , while Intel ( N...
2023-07-16 05:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. While the Strategy has...
2023-07-13 12:00:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The ClearBridge Multi ...
2023-07-13 06:50:00 ET As electric vehicles (EVs) and renewable energy pick up momentum, the world has become aware of a new semiconductor material: silicon carbide (SiC). SiC is more resistant to heat and can handle high voltages, making it ideal for the power management chips needed for t...
2023-07-11 17:30:07 ET Summary Gallium Nitride compound is used in a subset of the chip industry due to its superior energy efficiency and heat resistance, making it ideal for mobile phone chargers and RF chips. China is a leading producer of gallium, and the U.S. relies heavily o...
2023-07-07 12:51:30 ET Summary ON's stock has rallied very optimistically due to the supposed "Bull Run" and growing demand for Silicon Carbide, particularly in the EV and renewable energy end markets. Our long-term price target is at $115.76, suggesting a +24.9% upside potential ...
2023-07-06 07:12:00 ET Wolfspeed (NYSE: WOLF) received financial support from Apollo Global Management (NYSE: APO) to support the expansion of its silicon carbide facilities. Check out the short video to learn what semiconductor investors Jose Najarro and Billy...
2023-07-06 06:25:12 ET The China economic slowdown is becoming an increasing concern for money managers. A recent Bloomberg survey of 17 strategists and fund managers saw lower expectations of gains in Asian equities due to worries about China's economic outlook, along with fading chanc...
2023-07-06 00:23:31 ET Summary Semis look poised for continued gains in Q3 after the rally continued in Q2, but there were several changes worth noting. The rally in semis is increasingly being driven by AI after other tailwinds lost strength, which could become problematic if AI ...
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2024-07-09 17:15:03 ET Susquehanna analyst issues BUY recommendation for WOLF on July 9, 2024 02:02PM ET. The previous analyst recommendation was Buy. WOLF was trading at $23.05 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current anal...
2024-06-18 09:00:07 ET Vijay Rakesh from Mizuho Securities issued a price target of $28.00 for WOLF on 2024-06-18 08:02:00. The adjusted price target was set to $28.00. At the time of the announcement, WOLF was trading at $27.08. The overall price target consensus is at ...
NEW YORK, NY / ACCESSWIRE / May 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 ...