Wolfspeed Stock News

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc (NYSE: WOLF), a global leader in silicon carbide technology, and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced the expansion and extension of their existing long-term silicon carbide (SiC) wafer supply agreement. The expanded agreement adds 200 mm silicon carbide wafers to the existing 150 mm supply and builds on a supply relati...

Wolfspeed Inc (NYSE:WOLF) shares opened 11% higher on Thursday morning after the chipmaker said the US Department of War had conditionally agreed to lend it up to $1.5 billion over 30 years. The proposed financing would give the department warrants to purchase up to 7.5% of Wolfspeed's fully diluted equity, providing the company with a potentially significant source of long-term funding.

AI stocks struggle as investors fret about yields and oil prices, while Wolfspeed surges after it lands a financing deal with the Pentagon.

Chipmaker Wolfspeed said on Wednesday it has received a conditional loan commitment ​for up to $1.5 billion from the ‌US Department of Defense to expand domestic production of silicon carbide materials and power devices, ​sending its shares surging 27% in ​extended trading.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War (“DoW”), through its Office of Strategic Capital (“OSC”), for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide (SiC) materials and wide bandgap power devices, with an additi...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide (SiC) technology, today announced the commercial availability of its new Premium 200 mm n-type silicon carbide substrate, expanding its 200 mm SiC materials portfolio with a higher-quality starting material designed to improve yield through reduced defects and greater wafer-shape stability. As the Si...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the fourth quarter of fiscal 2026. Business Highlights AI data center revenue more than doubled year-over-year in fiscal 2026 and increased approximately 20% sequentially in the fourth quarter, demonstrating the long-term potential of this moderate but growing opportunity. Launched fifth-generation SiC M...