Wolfspeed (WOLF) Announces Key Milestones and Operational Update, Offers Outlook

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Wolfspeed Announces Key Milestones and Operational Update

June 24, 2024 4:05 PM EDT

Mohawk Valley 200mm Silicon Carbide Fab Reaches 20% Utilization, Achieves LEED Certification

John Palmour Manufacturing Center Achieves Successful Activation of Initial Furnaces

Company Expects Temporary Impact from Equipment Incident at Durham 150mm Device Fab

DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today provided an update on key milestones and an operational update.

Wolfspeeds Mohawk Valley silicon carbide fab has reached 20% wafer start utilization, a critical step in the Companys... More