I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Core Insights - Wolfspeed has officially commercialized its 200mm SiC material products, marking a significant milestone in the industry's transition from silicon to silicon carbide [2] - The 200mm SiC wafers and epitaxial layers are designed to enhance scalability and quality, supporting the development of next-generation high-performance power devices [2][3] - DB HiTek has completed the development of its next-generation power semiconductor process, the 650V E-Mode GaN HEMT, aimed at improving power efficiency in AI data centers and robotics [3][4] Wolfspeed Developments - The 200mm SiC wafers feature improved specifications, including a thickness of 350µm, and industry-leading doping and thickness uniformity, which enhance MOSFET yield and accelerate time-to-market [2] - The commercial launch of these products is driven by positive market feedback and the significant advantages they offer [2] - The company emphasizes that this advancement is not just about wafer size but represents a material innovation that enables customers to confidently accelerate their device roadmaps [3] DB HiTek Innovations - DB HiTek's new 650V GaN process is expected to significantly reduce power loss compared to silicon, making it a viable alternative for high-efficiency applications [4] - The company anticipates that the GaN process will synergize with its existing BCDMOS technology, which integrates analog, digital, and high-power circuits [4] - Market research predicts that the GaN market will grow at an annual rate of approximately 40%, increasing from $530 million in 2025 to $2.013 billion by 2029 [4] Capacity Expansion - To meet the growing demand for GaN technology, DB HiTek plans to expand its cleanroom capacity, increasing monthly wafer production from 154,000 to approximately 190,000 wafers, representing a 23% increase [4]

Wolfspeed’s (WOLF) imminent emergence from Chapter 11 bankruptcy protection following the court’s approval of its reorganization plan marks a pivotal moment for the silicon carbide specialist. In a press release today, the company’s chief executive, Robert Feurle, said exiting bankruptcy will enable the company to “move swiftly on its strategic priorities.” More News from Barchart Wolfspeed stock responded positively to the announcement, with WOLF soaring as much as 60%. The semiconductor stock is now t ...

Wolfspeed Inc (NYSE: WOLF) has received court approval for its Chapter 11 reorganization plan and is set to exit bankruptcy protection in the coming weeks. The announcement sent the company's share pr... ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

SUQIAN, CHINA - MAY 9, 2025 - An illustration photo shows the Wolfspeed LOGO displayed in a smartphone in Suqian City, Jiangsu Province, China on May 9, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty Images Wolfspeed (NYSE: WOLF) shares surged 60% in extended trading on September 9 following court approval of its Chapter 11 reorganization plan. The silicon carbide leader, now at $1.24 and down more than 80% year-to-date, gained creditor support fro ...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced that the Company has received Court approval of its Plan of Reorganization. Wolfspeed expects to emerge from Chapter 11 protection in the next several weeks. Upon emergence, Wolfspeed expects to reduce its debt by approximately 70%, better positioning the Company to execute on its strategic priorities with a relentless focus on innovation. "We are pleased to reach this i. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 29, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40863 WOLFSPEED, INC. (Exact name of registrant as specified in its charter) North Carolina 56-1572719 (State or other ...

Core Insights - Wolfspeed (WOLF) reported a non-GAAP loss of 77 cents per share for the fourth quarter of fiscal 2025, missing the Zacks Consensus Estimate by 6.94% and showing a loss of 89 cents per share in the same quarter last year [1] - Revenues totaled $197 million, a decrease of 1.8% year over year, but exceeded the consensus estimate by 4.10% [1] - The revenue contribution from Mohawk Valley Fab was $94.1 million in the reported quarter [1] Revenue Breakdown - Power Products accounted for 60.2% of total revenues, with revenues increasing 13.4% year over year to $118.6 million [2] - Materials Products contributed 39.8% of revenues, but saw a decline of 18.4% year over year to $78.4 million [2] Operating Performance - Wolfspeed reported a negative non-GAAP gross margin of 1%, down from 5.4% in the year-ago quarter, impacted by underutilization costs of $23.6 million [3] - Sales, general, and administrative expenses were $36.1 million, representing 18.3% of total revenues, down 41.4% year over year [3] - Research and development expenses decreased 37.3% year over year to $37.6 million, accounting for 19.1% of total revenues [4] - The company incurred a non-GAAP operating loss of $119.8 million, wider than the $112 million loss in the same quarter last year [4] Financial Position - As of June 29, 2025, Wolfspeed had cash, cash equivalents, and short-term investments of $955.4 million, down from $1.32 billion as of March 30, 2025 [5] - Cash used in operating activities was $242.5 million in the reported quarter, compared to $142.1 million in the previous quarter [5] - Free cash outflow was $454 million, significantly higher than the previous quarter's $167.7 million [5] Market Position - Wolfspeed currently holds a Zacks Rank 3 (Hold) [6] - Comparatively, DELL Technologies and ServiceTitan Inc. have a Zacks Rank 2 (Buy), while Hewlett-Packard has a Zacks Rank 1 (Strong Buy) [6]

Company Performance - Wolfspeed reported a quarterly loss of $0.77 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.72, but an improvement from a loss of $0.89 per share a year ago, indicating a -6.94% earnings surprise [1] - The company posted revenues of $197 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.10%, although this represents a decline from year-ago revenues of $200.7 million [2] - Over the last four quarters, Wolfspeed has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Wolfspeed shares have declined approximately 79.4% since the beginning of the year, contrasting with the S&P 500's gain of 10% [3] - The current Zacks Rank for Wolfspeed is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.68 on revenues of $193.29 million, and for the current fiscal year, it is -$2.46 on revenues of $837.1 million [7] - The outlook for the semiconductor industry, where Wolfspeed operates, is currently in the top 42% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]