Navitas Semiconductor NVTS shares have dropped 18.3% in a month, underperforming the Zacks Computer and Technology sector’s ...

EV Component Market Explore the EV Component Market size, growth trends, key players, and future outlook in the electric vehicle industry.< ...

(NYSE: WOLF) today announced the appointment of Bret Zahn as Vice President and General Manager of their Automotive business as the company continues to enhance its leadership team amid its strategic ...

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.

Wolfspeed, which divested its LED and RF businesses to focus on SiC-based power electronics, has been considered a flagbearer in the rapidly emerging SiC semiconductors market. The company pioneered 1 ...

Why did Wolfspeed's stock crash? Wolfspeed's SiC chips are used in some AI servers, but it still generates most of its revenue from the EV market. Its revenue surged 42% in fiscal 2022 (which ...

Should you buy Wolfspeed today? Wolfspeed's stock could stay in the penalty box for a long time. The SiC market could warm up again, but the company still faces too many near-term challenges.

Wolfspeed specifically designed its latest generation of SiC MOSFETs to be a better fit for both hard- and soft-switching power systems.

Wolfspeed anticipates this SiC market growth will eventually deliver $3 billion in annual sales to the company.

Despite current challenges, Wolfspeed's long-term positioning in the SiC technology market remains strong. The company maintains a healthy current ratio of 3.14, indicating strong short-term liquidity ...

Market Challenges Wolfspeed faces headwinds in its key markets, particularly in the industrial and energy sectors. These challenges have impacted both revenue and product mix negatively, contributing ...