Wolfspeed Inc. operates in the technology sector, within the power semiconductors and advanced materials subsector, with its shares traded on the Nasdaq. The company’s origins are linked to Cree, Inc., founded by researchers affiliated with North Carolina State University, with an initial focus on the development of silicon carbide–based semiconductor materials.
The company was established through private initiative, without direct government involvement. Its initial motivations were related to the development of more efficient semiconductor technologies capable of operating at high temperatures, voltages, and frequencies, addressing emerging demands from the electronics and energy industries.
Its core products and services include silicon carbide (SiC) wafers, power semiconductor devices, high-efficiency power electronics components, and solutions applied to energy systems, electric vehicles, charging infrastructure, data centers, telecommunications, and industrial applications.
The company operates on an international scale, with a significant presence in the United States, Europe, and Asia. Its solutions serve original equipment manufacturers, automotive companies, energy sector players, technology industries, and global participants across the semiconductor value chain.
Key market drivers include the energy transition, the electrification of the automotive fleet, growth in the electric vehicle market, increasing demand for energy efficiency, the global semiconductor supply imbalance, and competition from other advanced materials and device manufacturers.
Operational scale is characterized by a global base of industrial and technology customers, long-term supply agreements, and highly complex manufacturing operations. Activities are capital-intensive and rely heavily on scientific research, materials engineering, and advanced manufacturing processes.
The operational structure is organized by product lines and value-chain stages, integrating research and development, wafer fabrication, device manufacturing, applications engineering, and technical support. The corporate headquarters is located in the United States, with manufacturing facilities and technology centers in multiple regions.
The primary trading ticker is WOLF, listed on the Nasdaq, representing the common shares of Wolfspeed Inc. in the U.S. equity market.
History and foundation
The company traces its origins to 1987 in the United States, with the establishment of Cree Research, Inc., initially focused on research and development of wide-bandgap semiconductor technologies, particularly silicon carbide.In its early years of operation, key challenges included the commercial viability of the technologies developed, production scalability, and market acceptance for industrial applications. Early achievements included significant scientific advances and the introduction of pioneering products in lighting and semiconductors.
Expansion and growth were driven by diversification of applications, sustained investment in research and development, and a strengthened focus on power semiconductors, in line with rising demand for energy efficiency and electrification.
Historical milestones include the completion of Cree’s initial public offering (IPO) in 1993, strategic acquisitions over subsequent decades, and, in 2021, a corporate reorganization that resulted in the name change to Wolfspeed Inc., consolidating an exclusive focus on silicon carbide technologies.
Between 2020 and 2024, notable developments included substantial investments to expand manufacturing capacity in the United States, construction of new SiC wafer fabrication facilities, strategic supply agreements with automakers and energy companies, and share price performance influenced by macroeconomic conditions, semiconductor industry cycles, and the acceleration of global electrification.
Additional Information
The Company Wolfspeed Inc (United States), is listed on Nasdaq with a market value of $ 2.80 Billions, having an equity of $ -1.08 Billion.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 759.70 Millions, which generated a loss in the amount of $ -2.18 Billions.
As for its main indicators, the Company has a P/E ratio of -1.28, a P/BV ratio of -2.59 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker WOLF.