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.

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF). Shareholders who purchased shares of WOLF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed, Inc. Lawsuit - WOLF

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF).

Shareholders that lost money on Wolfspeed, Inc.(WOLF) Urged to Join Class Action – Contact The Gross Law Firm to Learn More

RADNOR, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of New York 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”). The lead plaintiff deadline is January 17, 2025.

Kessler Topaz Meltzer & Check, LLP Reminds Wolfspeed, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

NEW YORK, NY / ACCESSWIRE / December 4, 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.

Levi & Korsinsky Announces an Investigation on Behalf of Wolfspeed, Inc. (WOLF) Shareholders Who May Have Been Affected by Fraud

SAN DIEGO, Dec. 04, 2024 (GLOBE NEWSWIRE) --   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 Friday, January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v. Wolfspeed, Inc., No. 24-cv-01395 (N.D.N.Y.), the Wolfspeed class action lawsuit charges Wolfspeed and certain of Wolfspeed's top executives with violations of the Securities Exchange Act of 1934.

WOLF INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

NEW YORK CITY, NY / ACCESSWIRE / December 4, 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 Investors Have Opportunity to Lead Wolfspeed, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024. Wolfspeed is a global semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications.

Robbins LLP Urges WOLF Stockholders with Large Losses to Contact the Firm for Information About the Wolfspeed, Inc. Class Action Lawsuit

SAN DIEGO, CA / ACCESSWIRE / December 2, 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 Friday, 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 Securities Class Action Lawsuit

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline.

TOP RANKED ROSEN LAW FIRM Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOLF

LOS ANGELES, CA / ACCESSWIRE / December 3, 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.

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Affected Shareholders To Contribute

Block & Leviton announces that a securities fraud lawsuit has been filed against Wolfspeed, Inc. (NYSE:WOLF) and certain of its executives. Investors who have lost money in their Wolfspeed, Inc. investment should contact the firm to learn more about how they might recover those losses.

WOLFSPEED INVESTOR DEADLINE: Securities Fraud Lawsuit Could Allow Investors to Recover Losses; Block & Leviton Encourages Shareholders to Contact The Firm

NEW YORK, NY / ACCESSWIRE / December 3, 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.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by Wolfspeed, Inc. (WOLF)

One of the most controversial industries right now is electric vehicles, with the industry's long-term growth opportunities running into a severe near-term slowdown. And within the EV supply chain, silicon carbide (SiC) manufacturer Wolfspeed (WOLF 15.87%) has emerged as perhaps the most controversial company.

Is Wolfspeed a Buy?

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, CFO, will be participating in a fireside chat at the UBS Global Technology and AI Conference at 4:15pm ET on December 3, 2024. A live webcast of the presentation will be available on the Investor Relations section of Wolfspeed's website. To access the webcast, please visit https://investor.wolfspeed.com/events-and-presentations/. About Wolfspeed, Inc.

Wolfspeed To Participate in Upcoming Investor Conference

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.

Wolfspeed Inc. Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Shareholder Participation

Wolfpseed (WOLF 12.73%) stock is making big gains again in Monday's trading. The chip specialist's share price was up 14.4% as of 1:30 p.m.

Why Wolfspeed Stock Is Soaring Today

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

NEW YORK, NY / ACCESSWIRE / December 2, 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.

Investors who lost money on Wolfspeed, Inc. should contact Levi & Korsinsky about an ongoing investigation - WOLF

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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 INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Wolfspeed, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!

SAN DIEGO , Dec. 2, 2024 /PRNewswire/ -- 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, inclusive (the "Class Period"), have until Friday, January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit.  Captioned Zagami v.

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

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"). The lead plaintiff deadline is January 17, 2025.

WOLF REMINDER: Kessler Topaz Meltzer & Check, LLP Urges WOLF Investors with Losses to Contact the Firm

NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOLF

NEW YORK, NY / ACCESSWIRE / November 29, 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=114094&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 29, 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.

News for Wolfspeed Stock (WOLF)