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Wolfspeed, Inc. - $WOLF STOCK NEWS

Welcome to our dedicated page for Wolfspeed news (Ticker: $WOLF), a resource for investors and traders seeking the latest updates and insights on Wolfspeed stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wolfspeed's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wolfspeed's position in the market.

Rhea-AI Summary
Wolfspeed, Inc. announces annual revenue growth of 24% and full fiscal year design-ins totaling $8.3 billion. Quarterly revenue of $235.8 million, with a net loss of $113.3 million. Full fiscal year revenue of $921.9 million, with a net loss of $329.9 million. The company targets revenue of $220 million to $240 million for the first quarter of fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.06%
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Rhea-AI Summary
Wolfspeed, Inc. (NYSE: WOLF) to Discuss Q4 and Full Year Fiscal 2023 Results in Conference Call and Webcast
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
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Rhea-AI Summary
Axcelis Technologies, Inc. has announced the shipment of a Purion H200™ SiC ion implant system to Wolfspeed, a global leader in silicon carbide technology. The system will be used to support the production of power devices for electric vehicle applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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none
Rhea-AI Summary
Wolfspeed, Inc. (NYSE: WOLF) CEO Gregg Lowe joins N.C. A&T Board of Trustees, strengthening partnership. $4 million donation, collaboration on education and training programs, and plans for new R&D facility announced during President Biden's visit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
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none
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Rhea-AI Summary
Wolfspeed, Inc. (NYSE: WOLF) promotes Priya Almelkar to Senior Vice President, IT and Chief Information Officer, recognizing her exceptional technical expertise and leadership skills. Her promotion reinforces the company's belief in diverse perspectives driving innovation and success. Almelkar's 25 years of experience and her role in driving Wolfspeed's transition to automation and enhanced analytics capabilities position her to spearhead advancements in IT process efficiency and compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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management
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
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none
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Rhea-AI Sentiment
End-of-Day
11.02%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
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conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.86%
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Wolfspeed, Inc.

NYSE:WOLF

WOLF Rankings

WOLF Stock Data

3.17B
124.74M
0.92%
113.93%
16.13%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
DURHAM

About WOLF

we are wolfspeed. we have spent nearly 30 years as part of cree inc., building the future with market-leading wide bandgap semiconductor products for the transportation, industrial and electronics, energy and communications markets. from young and ambitious roots in north carolina’s research triangle park, we have grown into a world-renowned, commercial supplier of the fastest, most efficient semiconductor components ever available, enabling greater efficiency and performance, smaller systems and lower costs.