Wolfspeed (WOLF) Expands Wafer Supply Partnership With Infineon
Wolfspeed(WOLF) Zacks Investment Research·2024-01-24 16:51
Wolfspeed (WOLF) and Infineon Technologies AG recently announced an extension and expansion of their long-term 150-millimeter (mm) silicon carbide wafer supply agreement, originally established in February 2018.The strategic move will help address the escalating demand for silicon carbide (SiC) semiconductor products. The partnership also incorporates a multi-year capacity reservation agreement.Silicon carbide, with its ability to enable smaller, lighter and more cost-effective designs, has become pivotal i ...