Wolfspeed Inc.: 200-Millimeter Manufacturing Transition, Strategic Market Shift & Federal Initiatives That Can Help Catalyze Growth!

Wolfspeed Inc., in its third quarter of fiscal 2025, demonstrated a blend of progressive and challenging outcomes that warrant careful consideration for investors. The company reported a revenue of $185 million, marking a modest 2.2% sequential increase. This revenue was largely driven by their power division, which generated $107 million, propelled primarily by growth in automotive sales, although offset by a decline in industrial and energy sectors. The materials segment contributed $78 million, showing a significant slowdown due to decreased demand in the device market. Notably, the Mohawk Valley facility recorded a 50% sequential revenue growth, reaching $78 million and underscoring its progressing operational capacity.