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Wolfspeed Inc.
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Wolfspeed Inc.

Wolfspeed Reports Fiscal Q4 2025 Results

| 8-K |Technology

Summary

Wolfspeed, Inc. reported its financial results for the fourth quarter and full fiscal year of 2025. The company posted a net loss from continuing operations of $669.3 million for Q4 2025, compared to a net loss of $174.9 million in Q4 2024. For the full fiscal year 2025, the net loss from continuing operations was $1,609.2 million, compared to $573.6 million in 2024. The company attributed its financial performance to underutilization costs, goodwill impairment, and restructuring expenses, along with higher operating expenses. Wolfspeed's CEO expressed confidence in the company's future following the start of production at its Mohawk Valley Fab.

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About Wolfspeed Inc.

Wolfspeed Inc. is a leading innovator in the production of silicon carbide materials and devices, vital components in the power and radio frequency (RF) markets. With its roots in advanced semiconductor technology, Wolfspeed specializes in manufacturing products that enhance energy efficiency and performance. The company's offerings include power devices that are crucial for electric vehicles, fast charging systems, renewable energy, and other industrial applications. Moreover, Wolfspeed's RF devices are instrumental in telecommunications infrastructure, including 5G and other wireless communication networks. Based in North Carolina, Wolfspeed stands at the forefront of technological advancement, driving significant developments in the semiconductor sector through its commitment to superior power solutions and environmental sustainability. Its materials play a critical role in enabling faster, smaller, lighter, and more efficient power systems, marking essential transitions in both consumer and industry-wide applications. Wolfspeed's operations are pivotal in supporting the evolution of high-demand sectors such as automotive, industrial power, and telecommunications, underlining its importance in today's market landscape.

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