Wolfspeed, Inc. develops and manufactures silicon carbide semiconductor technologies for power electronics applications. News about WOLF commonly centers on SiC MOSFETs, Schottky diodes, power modules, 300mm substrate development, and product launches such as high-voltage SiC power MOSFETs and the TOLT portfolio for AI data center infrastructure.
Recurring company updates also cover quarterly operating results, demand trends in automotive, industrial, energy and data center markets, balance-sheet actions involving secured and convertible debt, equity issuance, and regional commercial leadership across Asia Pacific and Greater China.
Wolfspeed (NYSE: WOLF) announced CFIUS clearance for its equity issuance to Renesas, completing a key element of its court-approved Chapter 11 restructuring. Renesas will receive 16,852,372 shares and a board seat; Wolfspeed will release the final 2% equity recovery (871,287 shares) to pre-petition shareholders.
Following these issuances and prior note conversions, total common shares outstanding will be approximately 45.1 million, excluding future potential issuances under convertible notes, warrants, and incentive plans.
Wolfspeed (NYSE: WOLF) introduced its new TOLT (TO-Leaded, Top-Side Cooled) package portfolio on January 29, 2026, designed to enable higher power density and improved thermal performance for AI and hyperscale datacenter power supplies.
TOLT uses Wolfspeed Gen 4 MOSFET technology, top-side heat release, and U.S.-based silicon carbide wafer production to support scalable, resilient supply for mission-critical datacenter power systems. 650 V TOLT products are available in multiple RDS(ON) options; a third top-side cooled portfolio is expected in H2 2026.
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Wolfspeed (NYSE: WOLF) will host its fiscal second quarter earnings conference call and audio webcast on Wednesday, February 4, 2026 at 5:00 PM ET. The call will be led by CEO Robert Feurle and CFO Gregor van Issum. A live webcast of the earnings call and the earnings release will be available via the company’s Investor Relations website at https://investor.wolfspeed.com.
Wolfspeed (NYSE: WOLF) announced the successful production of a single crystal 300mm (12-inch) silicon carbide (SiC) wafer on January 13, 2026, marking a major technology milestone. Backed by a portfolio of more than 2,300 issued and pending patents, Wolfspeed says the 300mm platform enables wafer-scale integration across power, optical, photonic, thermal, and RF domains and aims to support AI infrastructure, AR/VR systems, and advanced power devices while strengthening domestic semiconductor supply chain resilience.
Wolfspeed (NYSE: WOLF) announced that its silicon carbide MOSFETs will power onboard charger systems for Toyota battery electric vehicles, underscoring adoption of silicon carbide for high-voltage automotive power systems.
The company highlighted its U.S.-based supply chain and domestic manufacturing as supporting Toyota's quality and reliability requirements and said silicon carbide enables higher efficiency, shorter charging times, and reduced energy loss across the vehicle lifespan.
Wolfspeed (NYSE: WOLF) received $698.6 million in cash tax refunds from the IRS under the Advanced Manufacturing Investment Credit (Section 48D), marking a major step toward monetizing an approximately $1 billion accrued refund balance. In fiscal 2025 the company previously received $186.5 million related to fiscal 2023 and 2024 filings.
Following receipt of the funds, Wolfspeed's cash balance is approximately $1.5 billion. Per its agreement with senior secured lenders, the company plans to allocate $192.2 million of the refund to retire roughly $175 million of outstanding debt, with remaining proceeds for general corporate purposes as it advances the ramp of its 200mm silicon carbide manufacturing footprint and growth into AI data centers, aerospace and defense, industrial and energy, and EV markets.
Wolfspeed (NYSE:WOLF) launched 1200V silicon carbide six-pack power modules on November 17, 2025, targeting high-power e-mobility and industrial inverters.
The modules pair Gen 4 SiC MOSFETs with advanced packaging to deliver 3X power cycling capability versus best-in-class competitors, 15% higher inverter current capability in an industry-standard footprint, and a 22% RDS(ON) improvement at 125°C versus the prior generation. Wolfspeed also reports ~60% lower turn-on energy (EON), 30% lower switching losses from a soft-body diode, and 50% lower VDS overshoot during reverse recovery.
Samples are available now with full distributor availability expected in early 2026. The company positions the modules as drop-in IGBT replacements to improve reliability, efficiency, and total cost of ownership for heavy-duty, construction, and agricultural e-mobility platforms.
Wolfspeed (NYSE: WOLF) announced a collaboration with Hopewind to integrate Wolfspeed’s 2.3kV LM Pack Module into Hopewind’s modular 950Vac wind power converter, aiming to deliver the industry’s first all-silicon carbide power cabinet.
The joint design targets up to a 38% increase in power density, switching frequencies up to 6kHz, and improved efficiency and reliability. The 2.3kV LM Pack Module is expected to be commercially available in early 2026.
Wolfspeed (NYSE: WOLF) reported first quarter fiscal 2026 results with consolidated revenue of $197 million and $926 million in cash, cash equivalents and short-term investments as of quarter end. Mohawk Valley fab revenue rose to $97 million from $49 million a year earlier. GAAP gross margin was -39% and non-GAAP gross margin was -26%, reflecting $47 million of underutilization costs. GAAP loss per share was $(4.12), which included $504 million of reorganization items; non-GAAP loss per share was $(0.55). Wolfspeed emerged from Chapter 11 on Sept 29, 2025, expects fresh-start accounting and plans material adjustments in Q2 fiscal 2026. The company forecasts Q2 fiscal 2026 revenue of $150–$190 million and will provide a comprehensive financial update in H1 2026.