Sunday, 19 January 2025

Focus on Wolfspeed

News Release

Wolfspeed Completes $200 Million At-The-Market Equity Offering

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) announced today that it has completed the offering of shares of its common stock under its previously...

Bosch logo is seen on an Active Line Plus e-bikes during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Michaela Rehle/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

US reaches preliminary deal with Bosch for $225 million in chip grants

The funding will support Bosch’s planned $1.9 billion investment to transform its manufacturing facility in Roseville, California.

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsSemiconductor

Mersen delays targets by two years on weak materials demand for EVs

"2025 will be a year of transition for Mersen due to a temporary slowdown in the electric vehicle and SiC semiconductor markets."

News ReleaseNews

Wolfspeed To Participate in Upcoming Investor Conference

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, CFO, will be participating in...

FILE PHOTO: Wolfspeed CEO Gregg Lowe speaks during an event in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink

Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.

Wolfspeed has slowed its plans to build a chip factory in Germany with auto supplier ZF (AFP)
BusinessElectric Vehicles (EVs)ManufacturingNews

Wolfspeed and ZF put German chip factory on ice

Germany's chipmaking ambitions face another setback as Wolfspeed and ZF delay semiconductor factory plans indefinitely.

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File
AutomotiveBusinessElectric Vehicles (EVs)FinanceManufacturingNews

EV chipmaker Wolfspeed set to receive $750 million US chips grant

Wolfspeed, which has clients including GM and Mercedes, makes silicon carbide chips for efficiently transmitting EV battery power to motors.

Login into your Account

Please login to like, dislike or bookmark this article.