Wolfspeed, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Gregg Lowe
- Full Time Employees
- 3,466
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 4600 Silicon Dr Durham NC United States of America 27703
- IPO Date
- Feb 9, 1993
- CIK
- 0000895419
- Website
- wolfspeed.com
- Similar Companies
- Business
- Wolfspeed, Inc. (NYSE: WOLF) manufactures and supplies silicon carbide (SiC) and gallium nitride (GaN) semiconductor materials and devices for power, radio frequency, and other high-performance applications; core products include SiC bare wafers, epitaxial wafers, GaN epitaxial layers, SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, gate driver boards, GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors that serve electric vehicles and charging infrastructure, solar inverters, server power supplies, uninterruptible power supplies, industrial power supplies, telecommunications infrastructure, military communications, radar, satellite systems, renewable energy, battery storage, motor drives, fast charging, wireless systems, 5G, aerospace, and defense markets. The company operates production facilities including the Mohawk Valley Fab in New York and the John Palmour Manufacturing Center in North Carolina as part of the first U.S.-based silicon carbide corridor, with global sales in North America, Europe, Asia Pacific including China and Hong Kong. Founded in 1987 and headquartered in Durham, North Carolina, Wolfspeed formerly operated as Cree, Inc. until its rebranding in October 2021 to focus exclusively on SiC and GaN technologies. Recent developments include the commercial launch of production-grade 200mm SiC bare and epitaxial wafers in September 2025 to enable scaled manufacturing for automotive, renewable energy, and industrial sectors; in November 2025, the U.S. Department of Commerce proposed $750 million in CHIPS and Science Act funding to support expansions in North Carolina and New York alongside $750 million in new financing from investors led by Apollo, The Baupost Group, Fidelity Management & Research Company, and Capital Group, plus anticipated $1 billion in Section 48D tax refunds; and completion of a $200 million at-the-market equity offering in January 2025 to strengthen its balance sheet.
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