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Should You Buy, Sell or Hold Wolfspeed Stock Post Q2 Earnings?
WOLFWolfspeed(WOLF) ZACKS·2025-02-04 02:31

Wolfspeed (WOLF) shares gained 2.2% since it reported mixed second-quarter fiscal 2025 results on Jan. 29.Wolfspeed benefited from strong government support, such as funding from the CHIPS Act and rising demand for silicon carbide in sectors like electric vehicles (EVs), renewables, and AI data centers, in the reported quarter. However, the company suffered from weak demand in the industrial and energy markets, reduced factory production, and significant underutilization costs at its Mohawk Valley facility. ...