Wolfspeed (WOLF) Stock News

Wolfspeed (NYSE: WOLF) announced the successful production of a single crystal 300mm (12-inch) silicon carbide (SiC) wafer on January 13, 2026, marking a major technology milestone. Backed by a portfolio of more than 2,300 issued and pending patents, Wolfspeed says the 300mm platform enables wafer-scale integration across power, optical, photonic, thermal, and RF domains and aims to support AI infrastructure, AR/VR systems, and advanced power devices while strengthening domestic semiconductor supply chain resilience.

Wolfspeed (NYSE: WOLF) announced that its silicon carbide MOSFETs will power onboard charger systems for Toyota battery electric vehicles, underscoring adoption of silicon carbide for high-voltage automotive power systems.

The company highlighted its U.S.-based supply chain and domestic manufacturing as supporting Toyota's quality and reliability requirements and said silicon carbide enables higher efficiency, shorter charging times, and reduced energy loss across the vehicle lifespan.

Wolfspeed (NYSE: WOLF) received $698.6 million in cash tax refunds from the IRS under the Advanced Manufacturing Investment Credit (Section 48D), marking a major step toward monetizing an approximately $1 billion accrued refund balance. In fiscal 2025 the company previously received $186.5 million related to fiscal 2023 and 2024 filings.

Following receipt of the funds, Wolfspeed's cash balance is approximately $1.5 billion. Per its agreement with senior secured lenders, the company plans to allocate $192.2 million of the refund to retire roughly $175 million of outstanding debt, with remaining proceeds for general corporate purposes as it advances the ramp of its 200mm silicon carbide manufacturing footprint and growth into AI data centers, aerospace and defense, industrial and energy, and EV markets.

Wolfspeed (NYSE:WOLF) launched 1200V silicon carbide six-pack power modules on November 17, 2025, targeting high-power e-mobility and industrial inverters.

The modules pair Gen 4 SiC MOSFETs with advanced packaging to deliver 3X power cycling capability versus best-in-class competitors, 15% higher inverter current capability in an industry-standard footprint, and a 22% RDS(ON) improvement at 125°C versus the prior generation. Wolfspeed also reports ~60% lower turn-on energy (EON), 30% lower switching losses from a soft-body diode, and 50% lower VDS overshoot during reverse recovery.

Samples are available now with full distributor availability expected in early 2026. The company positions the modules as drop-in IGBT replacements to improve reliability, efficiency, and total cost of ownership for heavy-duty, construction, and agricultural e-mobility platforms.

Wolfspeed (NYSE: WOLF) announced a collaboration with Hopewind to integrate Wolfspeed’s 2.3kV LM Pack Module into Hopewind’s modular 950Vac wind power converter, aiming to deliver the industry’s first all-silicon carbide power cabinet.

The joint design targets up to a 38% increase in power density, switching frequencies up to 6kHz, and improved efficiency and reliability. The 2.3kV LM Pack Module is expected to be commercially available in early 2026.

Wolfspeed (NYSE: WOLF) reported first quarter fiscal 2026 results with consolidated revenue of $197 million and $926 million in cash, cash equivalents and short-term investments as of quarter end. Mohawk Valley fab revenue rose to $97 million from $49 million a year earlier. GAAP gross margin was -39% and non-GAAP gross margin was -26%, reflecting $47 million of underutilization costs. GAAP loss per share was $(4.12), which included $504 million of reorganization items; non-GAAP loss per share was $(0.55). Wolfspeed emerged from Chapter 11 on Sept 29, 2025, expects fresh-start accounting and plans material adjustments in Q2 fiscal 2026. The company forecasts Q2 fiscal 2026 revenue of $150–$190 million and will provide a comprehensive financial update in H1 2026.

Wolfspeed (NYSE: WOLF) appointed Matthias Buchner as Senior Vice President of Global Sales and Chief Marketing Officer effective Dec 1, 2025, reporting to CEO Robert Feurle. Buchner joins from Infineon where he led marketing for a $3+ billion business. His remit will prioritize global sales and marketing to accelerate adoption of Wolfspeed’s next‑generation 200 mm silicon carbide (SiC) devices across automotive, renewable energy, industrial power, AI data centers, and aerospace and defense.

The company said this hire complements recent strategic moves: a refinancing that strengthened the balance sheet, consolidation to a U.S. manufacturing footprint, planned closure of its 150 mm Durham fab by end of 2025, and discontinuation of a proposed Saarland, Germany facility to focus on 200 mm scale‑up and operational efficiency.

Wolfspeed (NYSE: WOLF) will report fiscal 2026 first quarter results and host an earnings conference call on Wednesday, October 29, 2025 at 5:00 PM Eastern Standard Time. The call will be led by CEO Robert Feurle and CFO Gregor van Issum. A live webcast of the earnings call and the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com.

Wolfspeed (NYSE: WOLF), a leader in silicon carbide technologies, has announced significant changes to its Board of Directors following its emergence from Chapter 11 restructuring. The company has appointed five new directors: Anthony M. Abate (new Chairman), Mike Bokan, Eric Musser, Hong Q. Hou, and Aris Bolisay (pending regulatory approvals).

These new members will join existing directors Mark Jensen and Paul Walsh, while six former board members, including Tom Werner, have stepped down. The new appointees bring extensive semiconductor industry knowledge, accounting expertise, and experience in guiding companies toward profitability.