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Wolfspeed stock crashes to all-time low in historic selloff

Summary by The News & Observer
Durham-based chipmaker Wolfspeed lost half its value Friday morning in its worst trading day ever. Shares dipped below $2.80 before recovering slightly. The cause was unclear, but the decline adds to ongoing volatility for the company, which rebranded from Cree and pivoted to silicon carbide chips for EVs and power systems.

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Wolfspeed stock crashes to all-time low in historic selloff

Durham-based chipmaker Wolfspeed lost half its value Friday morning in its worst trading day ever. Shares dipped below $2.80 before recovering slightly. The cause was unclear, but the decline adds to ongoing volatility for the company, which rebranded from Cree and pivoted to silicon carbide chips for EVs and power systems.

·United States
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evertiq.comevertiq.com

Robert Feurle takes the helm at Wolfspeed

Wolfspeed, US silicon carbide (SiC) specialist, has appointed Robert Feurle as Chief Executive Officer (CEO), effective May 1, 2025. The appointment follows a comprehensive internal and external search, the company revealed.

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The News & Observer broke the news in United States on Wednesday, April 2, 2025.
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Durham, North Carolina

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