Wolfspeed, Inc. WOLF

What this company does

Wolfspeed produces silicon carbide materials and devices for power applications, including power devices and silicon carbide and gallium nitride (GaN) materials, targeted at applications such as electric vehicles, fast charging, and renewable energy and storage. The majority of its products are manufactured at production facilities in North Carolina, New York and Arkansas, and it operates research and development facilities in North Carolina, Arkansas and New York. As of June 29, 2025, it employed 3,434 regular full- and part-time employees. It had two customers in each of fiscal 2025, 2024 and 2023 that individually represented more than 10% of consolidated revenue, together accounting for 37%, 37% and 36% of total consolidated revenue in those years, respectively. Its silicon carbide materials products consist of silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. Its power device products consist of silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs) and power modules. Wolfspeed, Inc. is a North Carolina corporation established in 1987, with its headquarters in Durham, North Carolina.

Written from the business description in Wolfspeed, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 August 2025. Every sentence was checked against that document before publication.