Pisd
1 년 전
Wolfspeed (NYSE:WOLF) – Shares fell 14.2% premarket after the release of Wolfspeed’s fiscal fourth quarter earnings report, which disappointed the market. The company reported an adjusted loss of 42 cents per share, versus analysts’ expectations for a loss of 20 cents per share. Despite that, Wolfspeed had revenue of $236 million, beating analysts’ projection of $223 million, according to Refinitiv data.
Pisd
2 년 전
Wolfspeed Silicon Carbide Devices Power Future Mercedes-Benz Electric Vehicle Platforms
January 04 2023 - 08:00AM
Business Wire
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Silicon Carbide can deliver longer driving range and shorter charging times for EVs, an important factor in consumer adoption
Wolfspeed, Inc. (NYSE: WOLF) today announced the company will be supplying Silicon Carbide devices to power future Mercedes-Benz® Electric Vehicle (EV) platforms, enabling greater efficiency in the powertrain. Wolfspeed’s semiconductors will be incorporated into next generation powertrain systems for several Mercedes-Benz vehicle lines.
“Coming from a long-term technical collaboration history between our companies, we have now chosen Wolfspeed as one of our key partners for future Silicon Carbide devices, thus securing preferred long-term supply, technology and quality of this decisive semiconductor component for our electrification offensive,” said Dr. Gunnar Güthenke, Head of Procurement and Supplier Quality for Mercedes-Benz.
As a leader in luxury vehicles, Mercedes-Benz understands the need for superior performance. By leveraging Wolfspeed’s expertise and Silicon Carbide devices to improve vehicle range and power, Mercedes-Benz plans to have some of the most efficient EVs on the road.
“We are pleased to be supporting Mercedes-Benz, an organization with a long, successful history of providing world-class performance and luxury vehicles, as they introduce next-generation EVs to the market with highly efficient power systems,” said Gregg Lowe, CEO of Wolfspeed. “We are continuing to invest in our manufacturing capacity to support a steepening demand curve for Silicon Carbide devices that will not only improve EV performance and drive greater consumer adoption, but also support the sustainability efforts of global automotive leaders like Mercedes-Benz.”
The Silicon Carbide power devices for Mercedes-Benz will be produced at Wolfspeed’s facilities in Durham, North Carolina and its new 200mm Mohawk Valley Fab in Marcy, New York. This Mohawk Valley Fab is the world’s largest Silicon Carbide fabrication facility and is dramatically expanding Wolfspeed’s production capacity. Earlier this year Wolfspeed also announced it was beginning construction on a new Silicon Carbide materials facility in North Carolina, which will expand its Silicon Carbide capacity by more than 10x.
About Wolfspeed, Inc.:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed’s product families include Silicon Carbide materials, power devices and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration and a passion for innovation. Learn more at www.wolfspeed.com.
Pisd
2 년 전
I had fun creating many iboxes..then thrown out later for lack of participation. Many gone on to many bags and fame FVAC/MP ie, now taken over by newcomers. Previously non-existent on ihub now alive with awesome story with pictures, links, multiple examples, ..gone.
I think if you created the ibox/posting link here and did a great job you should be head moderator forever, unless you decline or did some bad thing other than fail to post 25 times a day terrible imo.
I've been lucky trading this, WOLF$..
earnings tomorrow, gl...
Pisd
2 년 전
Wolfspeed, Inc. to Report Second Quarter Fiscal 2023 Earnings on January 25, 2023
8:00 am ET January 18, 2023
Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2023 results and business outlook on January 25, 2023, at 5:00 p.m. Eastern Time.
After the close of the market on January 25, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/.
To listen to a live webcast of the call, simply go to Events & Presentations - Wolfspeed, Inc. and follow the login instructions. The recorded webcast will also be available at the site for replay.
About Wolfspeed, Inc.:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed's product families include Silicon Carbide materials, power devices and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration and a passion for innovation. Learn more at www.wolfspeed.com.
Wolfspeed(R) is a registered trademark of Wolfspeed, Inc.
Twitter: @Wolfspeed LinkedIn: @Wolfspeed
View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005189/en/
SOURCE: Wolfspeed, Inc.
Media Relations:
Melinda Walker
Director, Corporate Communications
818-261-4585
Media@wolfspeed.com
Investor Relations:
Tyler Gronbach
VP, Investor Relations
919-407-4820
investorrelations@wolfspeed.com
OldAIMGuy
2 년 전
I was moderator for a short time here and got the ticker changed. I never did fill in the info on Wolfspeed, however. Apparently I didn't post often enough to maintain my Moderator status.
Here's what should be in the header here:
Wolfspeed, Inc. (formerly Cree Inc.) went
public in February of 1993 with the sale of
1.6 million shares at $2.06 each (adj. for all
splits) by Paulson Investment Company.
Wolfspeed had two subsequent public offerings.
Its principal products were light emitting diodes
(LEDs) and wide bandgap semiconductors
until the company sold off the
LED Products business in spring of 2021.
....and
BUSINESS: Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused
on Silicon Carbide and gallium nitride (GaN) materials for power and radio-frequency (RF)
applications. Its products and devices are used in electric vehicles, motor drives, solar
and transportation applications, as well as in military communications. Its backlog at June
26, 2022 was approximately $2.2 billion.
The backlog contained $20 million of research contracts signed with the US Government.
The company divested its LED Products business in 2021. Has about 4,017 employees.
President & Chief Executive Officer: Gregg Lowe. Incorporated: North Carolina.
Address:
4600 Silicon Drive, Durham, NC. 27703.
Telephone: (919) 407-5300.
Internet: www.wolfspeed.com
Maybe we can get these posted to the subject header.
Best wishes,
OAG Tom
Pisd
2 년 전
AMP's Innovative Energy Management Unit Utilizes Wolfspeed's E-Series Silicon Carbide Devices
11:24 am ET November 9, 2022 (PR Newswire)
AMP, a global leader in connected energy management and charging technologies for electric mobility, today announced the integration of Wolfspeed's E-Series Silicon Carbide MOSFETs into AMP's Energy Management Unit. Wolfspeed's innovative Silicon Carbide technology allows AMP to optimize battery performance, charging, and costs.
https://mma.prnewswire.com/media/1942923/AMP___WolfSpeed___Partnership.jpg
AMP's Innovative Energy Management Unit Utilize Wolfspeed's E-Series Silicon Carbide Devices
"At AMP, we understand the power that Silicon Carbide brings to vehicle electrification. We are proud to collaborate with another US-based company on technologies that make a greener and smarter tomorrow," said Jiaqi Liang, VP of Hardware Engineering at AMP. "The use of Wolfspeed's Silicon Carbide in AMP's Energy Management Unit (EMU) unlocks higher power density and efficiency, better platform scalability, and precise charging control. All are acutely observed by consumers through improvements in cabin space, charging time, and lower cost."
AMP's market-ready Energy Management Unit integrates ultra-fast DC charging, DC-DC, and bi-directional onboard AC charging into a single platform, providing optimal charging experience, monitoring, care, and performance of batteries.
"AMP's integration of our technology signals continued growth for Silicon Carbide in the automotive industry," said Jay Cameron, SVP and General Manager, Power at Wolfspeed. "The expansion of our automotive-qualified 650V and 1200V E-Series Silicon Carbide MOSFET portfolio allows AMP and others in the industry to easily deploy their products for either 400V or 800V systems."
Wolfspeed's E-Series MOSFETs are optimized for use in automotive applications, such as traction inverters, electric vehicle (EV) onboard battery charging, and high-voltage DC-DC converters.
About Wolfspeed:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed's product families include Silicon Carbide materials, power devices, and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration, and a passion for innovation. Learn more at www.wolfspeed.com.
Wolfspeed(R) is a registered trademark of Wolfspeed, Inc.
About AMP:
With its perfect blend of software and hardware, AMP is revolutionizing electrification. Headquartered in Los Angeles, with offices in Detroit, Bengaluru, and Shanghai, AMP is a global leader in energy management solutions for e-mobility. Since 2017, AMP has advanced battery management technology, through industry-leading software and hardware. AMP continues to push mobility further from intelligent battery management platforms to robust fast-charging systems and complete cloud solutions for e-mobility.
To learn more, visit AMP at www.amp.tech and follow on LinkedIn @amp-energy-management.
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View original content to download multimedia:https://www.prnewswire.com/news-releases/amps-innovative-energy-management-unit-utilizes-wolfspeeds-e-series-silicon-carbide-devices-301673264.html
SOURCE AMP
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