英国半导体晶圆制造商 IQE 公司于本周一表示，在军工国防、人工智能、数据中心及手机行业需求的 推动下，公司 2025 财年的营收与调整后核心利润预计将达到此前预期区间的上限。 该公司生产的外延晶圆可用于制造半导体芯片，为航空航天与国防供应商的雷达、电子战系统以及安全 卫星通信设备提供技术支撑。 IQE 指出，美国部分军工国防项目的资金拨付速度超出预期，推动了公司下半年业绩增长。该公司补充 称，人工智能与数据中心市场的持续扩张，以及与新款手机上市相关的无线产品销量增加，也为其中国 台湾地区业务带来助力。 这家苹果供应商预计，2025 财年营收将达到 9700 万英镑（约合 1.3039 亿美元），调整后核心利润至少 可达 200 万英镑。 此外，IQE 公司目前正在推进战略评估工作，同时透露正在就针对集团整体的非约束性收购要约，以及 针对部分特定资产的单独收购报价展开谈判。 责任编辑：郭明煜 英国半导体晶圆制造商 IQE 公司于本周一表示，在军工国防、人工智能、数据中心及手机行业需求的 推动下，公司 2025 财年的营收与调整后核心利润预计将达到此前预期区间的上限。 该公司生产的外延晶圆可用于制造半导体芯片， ...

Core Viewpoint - Wolfspeed is facing significant financial pressure due to high capital expenditures and operational losses associated with its transition to silicon carbide (SiC) technology, despite positive trends in the AI market and supportive legislation like the CHIPS Act [1]. Company Overview - Wolfspeed, formerly known as Cree Inc., is a leading American company established in 1987, focusing on wide bandgap semiconductors, particularly SiC and gallium nitride (GaN) [2][4]. - The company has a strong historical presence in SiC production, being the first to launch SiC wafers in 1991, establishing itself as a market leader [2]. Financial Performance - For the fiscal year 2023, Wolfspeed reported revenues of $758 million, with a significant operating loss of $311 million [9]. - The company's total revenue for the trailing twelve months (TTM) was $776.6 million, reflecting a 3.06% decline compared to the previous year [9]. - TTM gross margin was 2.21%, down over 7% from the previous year, indicating severe cost pressures [10]. Market Dynamics - The global SiC market is projected to reach $4.2 billion in 2024, with a compound annual growth rate (CAGR) of approximately 26% from 2026 to 2030, although current demand from electric vehicles is underwhelming [6][14]. - Wolfspeed's market share has been approximately 18.5%, but it is expected to decline to around 10% by 2034 due to increasing competition and market dynamics [15][16]. Competitive Landscape - The semiconductor industry is highly competitive, with major competitors including ON Semiconductor, STMicroelectronics, and Infineon Technologies, all of which have more stable financial conditions [8]. - Wolfspeed's financial instability hampers its ability to effectively compete in a market where technology is easily replicable and competitors may have lower costs [8]. Future Outlook - The company is expected to face continued operational challenges, with projected revenues for the upcoming quarters remaining flat, and significant debt levels raising concerns about its financial health [20][21]. - Despite the potential for growth in the SiC market, Wolfspeed's high debt burden and ongoing losses create a cautious outlook for its future performance [22].