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Wolfspeed has struggled with yield issues and a weak EV market. The stock is highly speculative.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology and manufacturing, today announced the appointment of Stefan Steyerl as vice president of sales, EMEA. Effective March 1, 2026, Steyerl will develop and execute Wolfspeed's regional sales strategy, driving adoption of silicon carbide solutions across automotive, industrial, and energy markets as Wolfspeed…

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, a global leader in silicon carbide technology, is expanding its use of Snowflake to accelerate manufacturing efficiency and operational excellence as it scales production to meet growing market demand. After bringing together factory, supply chain, and enterprise data on a single, governed platform, Wolfspeed is now deploying AI across its operations to improve cost,…

Many of the issues that plagued Wolfspeed before it went bankrupt remain. The company is seeing a negative gross margin and negative cash flow.

Last week, silicon carbide semiconductor solutions provider Wolfspeed reported another set of mediocre quarterly results, with sales and Adjusted EBITDA declining to new multi-year lows. Even a 50% sequential increase in AI data center revenues was not sufficient to offset persistent headwinds from weak EV demand and bankruptcy-related market share losses. On the flip side, the restructuring has reduced Wolfspeed's…