That said, SiC’s technology and cost challenges leave Wolfspeed with gigantic task of turnaround in a market that demands high CapEx for future development. Editor’s Note Maurizio Di Paolo Emilio, ...

The ripple effects of Wolfspeed's crisis are acutely felt by Renesas, who in 2023 inked a 10-year SiC wafer supply agreement with Wolfspeed, accompanied by a US$2 billion prepayment.

From fiscal 2025 to fiscal 2027, analysts expect Wolfspeed's revenue to grow at a CAGR of 44% from $757 million to $1.57 billion as the SiC market warms up again.

Wolfspeed has cemented its position as a critical player in AI-driven semiconductor technology, gaining heightened importance amid shifting global dynamics. Recent geopolitical developments, including ...

Also the SiC industry is forecast to grow from around $4 billion to $5 billion this year to over $11 billion by 2030. The SiC market's expansion provides a tailwind to Wolfspeed's sales growth.

From fiscal 2025 to fiscal 2027, analysts expect Wolfspeed's revenue to grow at a CAGR of 44% from $757 million to $1.57 billion as the SiC market warms up again.

Wolfspeed anticipates this SiC market growth will eventually deliver $3 billion in annual sales to the company. That's a dramatic increase from the $807.2 million made in its 2024 fiscal year ...

From fiscal 2025 to fiscal 2027, analysts expect Wolfspeed's revenue to grow at a CAGR of 44% from $757 million to $1.57 billion as the SiC market warms up again.

Wolfspeed By Lauren Ohnesorge – Senior Staff Writer, Triangle Business Journal Feb 13, 2025 Preview this article 1 min ...

Wolfspeed anticipates this SiC market growth will eventually deliver $3 billion in annual sales to the company. That's a dramatic increase from the $807.2 million made in its 2024 fiscal year ...

Wolfspeed is the leader of the SiC chip market, which Global Markets Insights estimates could grow at a compound annual growth rate (CAGR) of 10% from 2024 to 2032. To support that secular ...