Wolfspeed Launches Dedicated Data Center Solutions Team in Silicon Valley; Hires Industry Experts to Drive Highly Compact and Efficient Power Solutions for AI Infrastructure

Key Terms

silicon carbide technical

Silicon carbide is a hard, durable material made from silicon and carbon, often used in industrial applications like cutting tools and electronics. Its ability to withstand high temperatures and conduct electricity efficiently makes it valuable in manufacturing advanced electronic devices. For investors, companies working with silicon carbide are seen as key players in the growing market for high-performance electronics and energy-efficient technologies.

SiC technical

Sic is a short notation placed immediately after a quoted word or passage to show the text is reproduced exactly as it appeared in the original source, even if it contains a typo, odd phrasing, or factual error. For investors, it signals that any mistake or unusual wording came from the original speaker or document, not from the publisher—like an editor saying “this is how it was said,” which helps with accuracy, responsibility, and legal clarity.

hyperscalers technical

Hyperscalers are large technology companies that operate massive computing networks and data centers to provide cloud services, data storage, and online infrastructure at an enormous scale. They are essential to the digital economy because they enable businesses and organizations to handle vast amounts of data and run complex applications efficiently. For investors, hyperscalers represent powerful engines of growth and innovation in the technology sector.

ODMs technical

Original design manufacturers (ODMs) are companies that both design and manufacture products that other brands sell under their own names; think of them as the unseen workshop and architect behind a finished product. Investors care because using an ODM can lower a brand’s costs and speed product launches, but it also creates reliance on outside partners for quality, intellectual property and supply stability—factors that can affect profits and risk.

MEMS technical

MEMS are tiny machines built on silicon that combine electrical circuits with moving parts—think microscopic sensors, switches and actuators like the small gears in a watch but made with semiconductor manufacturing. They matter to investors because MEMS are key components in smartphones, cars, medical devices and industrial equipment; changes in demand, production cost or technological improvements can directly affect suppliers’ revenues, margins and competitive position.

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Industry Veterans Ganesh Srinivasan and Yogesh Ramadass Appointed to Accelerate Expansion into Next-Generation Data Center Power Solutions

DURHAM, N.C. & SANTA CLARA, Calif.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, today announced an expansion into the rapidly growing data center market with the creation of a dedicated data center solutions team and regional office in the San Francisco Bay Area. The new Wolfspeed data center solutions team is targeted to enable closer alignment with leading hyperscalers, ODMs and the entire ecosystem to build differentiated products and solutions for AI and other data center applications.

Demand for next-generation data center power architecture innovations has never been greater. This move more effectively positions Wolfspeed to deliver high-voltage SiC power solutions engineered to drastically reduce energy loss and maximize efficiency for modern AI infrastructure.

"The sheer scale of AI computing demands a fundamental rewrite of data center power architecture," said Robert Feurle, CEO of Wolfspeed. "Moving to higher voltages is no longer optional — it's a necessity. With our new data center solutions team at the epicenter of tech innovation, Wolfspeed is uniquely positioned to deliver the high-voltage solutions our hyperscaler and ODM partners need to build the efficient data centers of tomorrow."

Ganesh Srinivasan joins as Senior Vice President to lead our data center solutions team. Ganesh brings deep data center experience to Wolfspeed, having worked closely not only with hyperscalers but also with the entire ODM ecosystem to deliver end-to-end power and signal connectivity solutions for high-density AI clusters. Previous to his appointment at Wolfspeed, Ganesh served as VP of Product Management for the AI, Cloud, and Enterprise business at TE Connectivity. Prior to TE Connectivity, he spent more than 17 years leading multiple power business product lines at Texas Instruments. He holds M.S. and Ph.D. degrees in Electrical Engineering from Georgia Tech.

Yogesh Ramadass joins as Vice President, Power Systems Solutions & Fellow, in the data center solutions team. Yogesh is an expert in high-and low-voltage power topologies and author of more than 160 technical articles. He most recently led R&D efforts across high-voltage power management, MEMS and sensors at Texas Instruments. Yogesh holds S.M. and Ph.D. degrees from the Massachusetts Institute of Technology and is a former IEEE Distinguished Lecturer and chair of the ISSCC Power Management Subcommittee.

This investment demonstrates Wolfspeed’s commitment to strengthen its capabilities to support long-term growth, effective execution, and value creation for customers and shareholders worldwide.

About Wolfspeed, Inc.

Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world’s most disruptive innovations. As the pioneers of silicon carbide, and creators of the most advanced semiconductor technology on earth, we are committed to powering a better world for everyone. Through silicon carbide material, Power Modules, Discrete Power Devices and Power Die Products targeted for various applications, we will bring you The Power to Make It Real™ . Learn more at wolfspeed.com.

Wolfspeed^® is a registered trademark and The Power to Make It Real™ is a trademark of Wolfspeed, Inc.

Forward-Looking Statements

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause Wolfspeed’s actual results to differ materially from those indicated in the forward-looking statements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about Wolfspeed’s strategic plans, priorities, growth opportunities, and ability to achieve profitability. Actual results could differ materially due to factors detailed in Wolfspeed’s filings with the U.S. Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent SEC filings. These forward-looking statements represent Wolfspeed’s judgment as of the date of this release. Except as required under U.S. federal securities laws, Wolfspeed disclaims any intent or obligation to update any forward-looking statements after the date of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601646586/en/

Media Relations:
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Investor Relations:
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Source: Wolfspeed, Inc.