News

Every Wolfspeed Investor Should Keep an Eye on This Number
Do you own a stake in industrial technology outfit Wolfspeed (NYSE: WOLF)? Maybe it's on your watch list? Whatever the case, ...
Durham chipmaker Wolfspeed lost half of its value Friday morning. What happened?
Within an hour of trading Friday morning, the Durham semiconductor manufacturer Wolfspeed had lost half its value. Its shares dove below $2.80 before eventually plateauing around lunchtime. By ...
Why Wolfspeed Plummeted 47% in March
Shares of silicon carbide chipmaker Wolfspeed (NYSE: WOLF) plunged 47.1% in March, according to data from S&P Global Market ...
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Wolfspeed Takes Biggest Hit Among Semiconductor Stocks After CHIPS Funding Reportedly Comes Under Fire – Retail Isn’t Panicking
Shares of Wolfspeed (WOLF) fell nearly 6% by Tuesday noon, making it one of the worst-performing semiconductor stocks after a Bloomberg report suggested the company could lose access to promised Chips ...
Chipmaker Wolfspeed's shares hit 27-year low over uncertain federal funding
Wolfspeed's shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States ...
Wolfspeed shares plunge on uncertainty over $1.75B in federal funding, tax incentives
Shares of chipmaker Wolfspeed plummeted in after-hours trading Thursday and continued to slide Friday in the wake of the Durham-based company’s announcement of a new chief executive and as questions ...
Wolfspeed Stock Plunges on CHIPS Act Funding Concerns
Wolfspeed shares lost nearly half their value Friday as comments by the semiconductor firm's outgoing interim Executive ...
A Chips Act cautionary tale
Instead, Wolfspeed got caught up in the politics and bureaucracy of the Chips Act and a change of administration, and is now left (to switch from land to sea) swimming with the sharks. Ironically or ...
Wolfspeed price target lowered to $3 from $6 at BofA
BofA lowered the firm’s price target on Wolfspeed (WOLF) to $3 from $6 and keeps an Underperform rating on the shares. For U.S. chip vendors, ...
Wolfspeed Shares Plunge After Report on Warning Over Chips Act Financing
Shares of Wolfspeed plunged following a report that interim Executive Chairman Thomas Werner said the 2022 Chips Act is expected to evolve under the Trump administration. The stock was down 48% to ...
Wolfspeed moved to Not-Rated at Morgan Stanley
Morgan Stanley is removing the firm’s rating and price target and moving to Not-Rated on Wolfspeed (WOLF) given the view that the CHIPS Act and ...
Wolfspeed in 'Constructive Dialogue' with Trump Administration to Secure Federal Funding
Wolfspeed is discussing with the White House ways the company can support the Trump administration's efforts to reinforce U.S. industrial leadership in semiconductors, secure domestic supply chains, ...