Wolfspeed

Wolfspeed, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

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Wolfspeed reports revenue growth and record design-ins, faces ramping challenges

Wolfspeed's Q3 performance showed revenue growth and record design-ins, but challenges with ramping materials capacity impacted cash burn. Despite this, the company's strengths lie in its strategic vision, strong design-in conversion rate, and confidence in power device growth. Opportunities exist in expanding the silicon carbide market and reaching 20% fab utilization by 2024.

Wolfspeed faces supply chain challenges but sees growth in silicon carbide

Wolfspeed faces challenges with supply chain issues impacting revenue, but strong demand for silicon carbide presents growth opportunities. The company's focus on new facilities and cautious approach to ramp-ups position it for future success.

Wolfspeed reports robust Q3 earnings, eyes growth amid funding challenges

Wolfspeed's Q3 performance reflects strong revenue growth and record design-ins, but challenges in gross margin and cash flow management persist.
Despite these challenges, the company's solid liquidity position, revenue targets for 2024, and focus on capacity expansion present growth opportunities.
Navigating funding needs, operational expenses, and ramping delays will be key focus areas for Wolfspeed to achieve its growth targets and maintain customer loyalty.

Wolfspeed secures $5B for expansion, targets $1B revenue in 2024

Wolfspeed's strong financial position, strategic customer agreements, and focus on silicon carbide technology position them for future growth. Despite challenges in yield and start-up costs, they are making progress in expanding capacity and improving margins. The company's emphasis on R&D and operational efficiency bodes well for their long-term success.

Wolfspeed excels in Q1, anticipates supply-demand mismatch opportunities

Wolfspeed's Q1 2024 performance exceeded expectations, showcasing operational excellence and market demand.
Despite challenges in certain sectors, the company remains confident in its long-term strategy and market position.
Strong focus on capacity expansion, raw materials investment, and optimizing balance sheet to drive growth.
Anticipated supply-demand mismatch presents opportunities for revenue growth and market leadership in silicon carbide.

Wolfspeed reports robust Q2 earnings, eyes EV market growth

Wolfspeed's Q2 performance reflects strong revenue growth and operational improvements, supported by a solid financial position.
While facing challenges with underutilization costs and gross margin expectations, the company is well-positioned to capitalize on long-term demand for silicon carbide devices.
Exciting opportunities in the EV industry and a favorable market environment for materials underscore Wolfspeed's growth potential.
Operational efficiency gains and strategic customer agreements position Wolfspeed for continued success in the semiconductor market.

Wolfspeed reports robust Q3 revenue and design wins, eyes positive EBITDA

Wolfspeed's Q3 showcased strong revenue growth and design wins, but challenges in margins and design wins persist. The company's focus on silicon carbide technology and operational improvements drives confidence. Opportunities lie in positive EBITDA outlook and ramping key projects.

Wolfspeed reports $201M revenue in Q4, focuses on cost optimization

Wolfspeed's Q4 performance reflects strong revenue growth and operational improvements, despite challenges in gross margins. With a focus on cost reduction and profitability enhancement, the company aims to achieve positive EBITDA and operating cash flow by early fiscal 2026.

Wolfspeed restructures for growth, targets $3B revenue, and EV market

Wolfspeed is strategically positioning itself for growth by focusing on operational efficiency, revenue diversification, and cost-saving initiatives. While facing short-term challenges from restructuring efforts, the company aims to capitalize on EV market growth and streamline its operations for profitability.

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Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

SAN DIEGO, CA / ACCESSWIRE / November 20, 2024 / The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE:WOLF) securities between August 16, 2023 and November 6, 2024, both dates inclusive (the "Class Period"), have until January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v.

WOLF INVESTOR ALERT: Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF).

The Gross Law Firm Notifies Wolfspeed, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – WOLF

LOS ANGELES, CA / ACCESSWIRE / November 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Investors Are Invited To Join The Schall Law Firm In A Securities Fraud Case Against Wolfspeed, Inc.

RADNOR, Pa. , Nov. 20, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed") (NYSE: WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the "Class Period").

Class Action Announcement for Wolfspeed, Inc. (WOLF): Kessler Topaz Meltzer & Check, LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Wolfspeed, Inc.

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112825&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Notifies Shareholders of Wolfspeed, Inc. (WOLF) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed" or the "Company") (NYSE:WOLF). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Wolfspeed, Inc. - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112824&wire=1 or contact Joseph E. Levi, Esq.

January 17, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112823&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Wolfspeed, Inc.(WOLF) Should Contact Levi & Korsinsky about pending Class Action - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112788&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that Lost Money on Wolfspeed, Inc. (WOLF) Should Contact Levi & Korsinsky About Pending Class Action - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112786&wire=1 or contact Joseph E. Levi, Esq.

Shareholders That Lost Money on Wolfspeed, Inc. (WOLF) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112785&wire=1 or contact Joseph E. Levi, Esq.

WOLF LAWSUIT ALERT: Levi & Korsinsky Notifies Wolfspeed, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

ATTENTION WOLF SHAREHOLDERS: Investors who Lost Money on Wolfspeed, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

NEW YORK CITY, NY / ACCESSWIRE / November 20, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed securities between August 16, 2023 and November 06, 2024 inclusive (the "Class Period").

WOLF SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Wolfspeed, Inc. Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112747&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed Lawsuit - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112745&wire=1 or contact Joseph E. Levi, Esq.

January 17, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112744&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc.(WOLF) Shareholders

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112743&wire=1 or contact Joseph E. Levi, Esq.

Investors who lost money on Wolfspeed, Inc.(WOLF) should contact Levi & Korsinsky about pending Class Action - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112742&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112741&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Wolfspeed, Inc.(WOLF)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112740&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Wolfspeed, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 17, 2025 - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112739&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112736&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed, Inc. Lawsuit - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112734&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Notifies Wolfspeed, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - WOLF

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112731&wire=1 or contact Joseph E. Levi, Esq.

Contact Levi & Korsinsky by January 17, 2025 Deadline to Join Class Action Against Wolfspeed, Inc.(WOLF)

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=112728&wire=1 or contact Joseph E. Levi, Esq.

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