Wolfspeed

Wolfspeed has unveiled its Gen‑5 silicon‑carbide (SiC) MOSFET technology for automotive and industrial applications in 1200 V and 750 V variants, with RDS(on) values of 3.4 mΩ·cm² (1200 V) and 2.0 mΩ·cm² (750 V) at 175 °C and up to 27% higher efficiency versus current 1200‑V competitor solutions on 5×5 mm. The devices are rated for continuous operation up to 200 °C, are manufactured in the 200‑mm fab in Mohawk Valley, and—according to the company—do not require new equipment for volume production; samples are available for selected customers. Despite a strong share price gain of 218% year-to-date, Wolfspeed still reports a negative gross margin of 17.4% and has a market capitalization of about USD 2.68 billion. » More on de.investing.com

Wolfspeed shares rose about 21% premarket after a recommendation from Citrini Research, which highlighted the company as a top pick amid AI infrastructure demand. Drivers included positive corporate signals such as a roughly 70% reduction in debt following reported insolvency, a completed refinancing of about $475.9 million, and sequential revenue growth of around 30% in AI data-center applications. The company also achieved a technological milestone with production of a 300‑mm single‑crystal silicon carbide wafer, and a high short interest of about 24.6% of the float, increasing short‑squeeze risk. Analysts, however, warn of an 18.9% decline in full‑year revenue and ongoing operational challenges that could create valuation risks. » More on de.investing.com

Wolfspeed reported Q3 FY26 revenue of $150 million and a loss per share of $3.26, missing analyst expectations but still prompting a positive stock reaction. The company has cut its debt by roughly $580 million (25%), significantly lowered interest expense and completed the Chapter‑11 process, leaving $1.2 billion in cash and net debt of $555 million. Operationally margins remain negative and EBITDA and cash‑flow losses are substantial, while product launches (10‑kV MOSFET, TOLT portfolio) and an approximately 30% revenue increase in the AI datacenter segment offer hope for future growth. » More on de.investing.com