Wolfspeed, Inc.

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, specializing in silicon carbide materials and devices for power applications. The company's product families include power devices and silicon carbide and gallium nitride (GaN) materials. These products are designed for applications such as electric vehicles, fast charging, and renewable energy and storage. Wolfspeed's materials products and power devices are utilized in electric vehicles, motor drives, power supplies, solar, and transportation applications. Additionally, its materials products are used in military communications, radar, satellite, and telecommunication applications. During and prior to fiscal 2024, Wolfspeed designed, manufactured, and sold radio-frequency ("RF") devices. The company completed the sale of certain assets comprising its former RF product line (the "RF Business") in the second quarter of fiscal 2024. The majority of Wolfspeed's products are manufactured at its production facilities located in North Carolina, New York, and Arkansas. The company also uses contract manufacturers, including some with captive lines, for certain products and aspects of product fabrication, assembly, and packaging. Wolfspeed is constructing a new materials manufacturing facility in North Carolina, with the initial phase substantially completed as of late fiscal 2025. The company operates research and development facilities in North Carolina, Arkansas, and New York. Wolfspeed, Inc. was established in 1987 and is headquartered in Durham, North Carolina.