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.
Wolfspeed, Inc. (WOLF) generates frequent news as a semiconductor company focused on silicon carbide and gallium nitride materials and devices. Its announcements cover technology milestones, product introductions, customer collaborations, financial developments and corporate governance changes that are relevant to investors and industry observers.
Recent press releases describe Wolfspeed’s work on wide bandgap semiconductors for power and RF applications, including transportation, power supplies, inverters and wireless systems. The company has reported a technology breakthrough in producing a single crystal 300 mm silicon carbide wafer, which it presents as an important step for AI infrastructure, AR/VR platforms and advanced power devices. News items also highlight Wolfspeed’s 200 mm silicon carbide manufacturing footprint and its efforts to build a vertically integrated, U.S.-based supply chain for silicon carbide materials and power devices.
Wolfspeed’s news flow also includes product-focused updates, such as new 1200 V silicon carbide six-pack power modules for high-power inverters and a 2.3 kV LM Pack Module for wind power converters. The company has announced that its silicon carbide components will be used in onboard charger systems for battery electric vehicles from major automotive manufacturers and in wind power converters from renewable energy technology providers.
In addition, Wolfspeed issues news about its financial and capital structure, including cash tax refunds related to the Advanced Manufacturing Investment Credit, its emergence from Chapter 11 reorganization, and changes to its board and executive leadership. Readers of WOLF news can track how Wolfspeed communicates its strategy in markets such as AI data centers, electric vehicles, industrial and energy systems, aerospace and defense and renewable energy. This news page aggregates those updates so that users can review company announcements and related coverage in one place.
Wolfspeed (NYSE:WOLF) has commercially launched its 200mm silicon carbide (SiC) materials portfolio, following successful trials with select customers. The company is offering both 200mm SiC wafers and 200mm SiC epitaxy for immediate qualification.
The new 200mm SiC bare wafers feature 350µm thickness with improved parametric specifications and industry-leading doping and thickness uniformity. This advancement enables device makers to enhance MOSFET yields, accelerate time-to-market, and deliver more competitive solutions across automotive, renewable energy, and industrial applications.
Wolfspeed (NYSE: WOLF), a silicon carbide technology leader, has received Court approval for its Plan of Reorganization and expects to emerge from Chapter 11 bankruptcy protection in the coming weeks. The restructuring will result in a 70% reduction in debt, strengthening the company's capital structure.
CEO Robert Feurle emphasized that this milestone will provide Wolfspeed with enhanced financial flexibility to execute its strategic priorities and reinforce its leadership in the silicon carbide industry. The company has maintained operations throughout the process with support from customers, vendors, and lending groups.
Wolfspeed (NYSE: WOLF) reported its Q4 and full fiscal year 2025 results, showing significant challenges. Q4 revenue declined to $197 million from $201 million year-over-year, with the Mohawk Valley Fab contributing $94.1 million, up from $41 million. The company reported negative GAAP gross margins of (13)% in Q4 and (16)% for the full year.
For fiscal 2025, total revenue decreased to $758 million from $807 million, with a GAAP loss per share of $(11.39) compared to $(4.56) in 2024. The company faced significant underutilization costs of $105.2 million related to Mohawk Valley Fab production ramp-up. Notably, the company is undergoing Chapter 11 reorganization, with court approval of their plan expected next month.
Wolfspeed (NYSE: WOLF) has appointed Bret Zahn as Vice President and General Manager of their Automotive business, reporting to Chief Business Officer Cengiz Balkas. Zahn brings 35 years of experience in global engineering and business management, previously serving as VP and GM of Automotive Traction Solutions at onsemi.
In his new role, Zahn will lead Wolfspeed's automotive product roadmap development, focusing on silicon carbide (SiC) solutions for electric vehicles. His appointment aligns with Wolfspeed's strategic expansion in high-growth markets, particularly in meeting the increasing demand for power efficiency in electric mobility through its vertically integrated U.S-based SiC manufacturing, including the 200mm Mohawk Valley Fab.
Wolfspeed (NYSE: WOLF) faces significant financial restructuring as Renesas Electronics announces a finalized loss of 235 billion yen (approximately $1.57 billion) related to deposited receivables with Wolfspeed. This follows Wolfspeed's Chapter 11 bankruptcy filing and restructuring plan submission to U.S. courts.
The loss, previously estimated at 250 billion yen in June 2025, has been officially recorded in Renesas's consolidated financial statements for the six months ended June 30, 2025. This development marks a significant financial impact for both companies and reflects serious challenges in Wolfspeed's operations.
Wolfspeed (NYSE: WOLF) has appointed Gregor van Issum as Chief Financial Officer, effective September 1, 2025. Van Issum brings over 20 years of experience in transformational restructuring and strategic financing across the technology industry, particularly from his roles at ams-OSRAM AG and NXP Semiconductors.
Van Issum most recently served as Executive Vice President and Group Controller at ams-OSRAM, where he led cost savings programs and sales initiatives as Chief Transformation and Performance Officer. He will succeed Kevin Speirits, who has been serving as Interim CFO, and will report to CEO Robert Feurle while being based at the Durham, NC headquarters.
This appointment follows the recent addition of Dr. David Emerson as Chief Operating Officer in May, completing Wolfspeed's leadership refresh as it focuses on improving profitability and expanding in silicon carbide technology markets.
Wolfspeed (NYSE: WOLF), a leader in silicon carbide technologies, has initiated a pre-packaged Chapter 11 restructuring process with strong support from key lenders. The restructuring is backed by holders of over 97% of senior secured notes, Renesas Electronics Corporation's U.S. subsidiary, and convertible debtholders holding more than 67% of outstanding notes.
The company aims to reduce its overall debt by approximately 70% (about $4.6 billion) and decrease annual cash interest payments by roughly 60%. Wolfspeed maintains approximately $1.3 billion in cash as of Q3 FY25, ensuring sufficient near-term liquidity to support ongoing operations.
Under the Restructuring Support Agreement (RSA), Wolfspeed will continue normal operations, including delivering silicon carbide materials and devices to customers and paying vendors. The company expects to emerge from the restructuring process by the end of the third quarter of calendar year 2025, better positioned to execute its long-term growth strategy and accelerate its path to profitability.
Wolfspeed (NYSE: WOLF) has appointed Dr. David Emerson as Executive Vice President and Chief Operating Officer in a newly created role. Dr. Emerson, former Executive VP of Wolfspeed's LED Products division, will oversee operations, supply chain, and quality divisions across the company's 200-millimeter facility footprint. The appointment aligns with Wolfspeed's strategic focus on operational excellence and transition to pure-play 200-millimeter production.
CEO Robert Feurle highlighted Dr. Emerson's experience in leading the LED business through market disruption and global expansion. The role is crucial for reaccelerating revenue growth, achieving profitability, and completing the 200-millimeter transition. Dr. Emerson will focus on reducing customer lead times, enhancing manufacturing quality, and ensuring consistent delivery of silicon carbide solutions for automotive, industrial, and energy markets.