Wolfspeed

WOLF

Market cap $2.87B

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed has introduced two new 3.3 kV silicon carbide (SiC) power module families – including high-power half-bridge baseplate modules and scalable full-bridge baseplate-less modules in industry-standard footprints — that are purpose-built to address the rapidly approaching power constraints driven by AI data centers and the broader energy transition. Meeting this moment requires power generation, conversion, and distribution that is faster, smaller, more effici.

Wolfspeed (WOLF) is now positioned as a scarce AI infrastructure asset, not a distressed EV supplier. Q3 delivered 30% sequential AI data center revenue growth, improved gross margin, and a significant $476M debt refinancing. WOLF's vertically integrated 200mm SiC fab, first-to-market 10kV MOSFET, and application-led go-to-market underpin the investment thesis.

The last thing investors are thinking about right now -- as Wall Street wrestles with surging oil prices and a AI sector reckoning  -- is a short squeeze.

Shares surge after Citrini Research highlights the power chip maker in a memo on semiconductors.

Wolfspeed's stock has been a big winner this year, but negative gross margins and cash burn remain an issue. Meanwhile, the company has struggled with what was supposed to be its core EV market.

Wolfspeed Inc (NYSE:WOLF) shares are bouncing on Wednesday after getting hit hard yesterday when the company posted a weak fiscal third quarter and issued soft guidance for the fourth quarter.

Wolfspeed, Inc. (WOLF) Q3 2026 Earnings Call Transcript

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the third quarter of fiscal 2026. Business Highlights Continued sequential quarterly growth in AI data center applications of approximately 30%, reflecting a moderate but expanding part of the Company's business with meaningful long-term potential. Launched first commercially available 10 kV SiC power MOSFET for grid modernization, industrial electrification and AI data center infrastructure. Introduced.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, today announced two executive appointments that strengthen the company's leadership team and support its continued growth and engagement with customers, investors, and stakeholders. The appointments come as Wolfspeed accelerates global expansion, deepens engagement with policymakers and advances long-term growth strategy. Brad Kohn will rejoin Wolfspeed as Executive Vice President, Chief.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. announced today the appointment of Yasuhisa Harita as regional president for Asia Pacific effective June 1, 2026. Harita will be based in Tokyo and lead Wolfspeed's commercial strategy across Japan, Korea and the ASEAN region with responsibility for driving revenue growth, enhancing strategic customer relationships, and executing the company's regional commercial and operational objectives. Harita brings more than 30 years of experience expanding J.