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Wolfspeed

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Company Research Report: Wolfspeed, Inc.



Company Overview



  • Name: Wolfspeed, Inc.

  • Mission: Wolfspeed is committed to powering a better world through advancements in silicon carbide semiconductor technology, enabling the world's most disruptive innovations. The company emphasizes sustainability and efficient energy.

  • Founded: Wolfspeed’s silicon carbide journey began over 35 years ago.

  • Key People:

  • Gregg Lowe: CEO

  • Thomas Seifert: Nominated to Board of Directors

  • Woody Young: Nominated to Board of Directors

  • Headquarters: Durham, North Carolina, USA

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: As the largest pure-play provider of silicon carbide (SiC) substrates, Wolfspeed is notable for pioneering SiC technology, becoming a leader in producing high-performance semiconductor materials and devices.


Products



Silicon Carbide Power Solutions and Materials


  • Discrete MOSFETs

  • Description: Replace silicon devices to enable lower switching and conduction losses with higher blocking voltages.

  • Key Features: Lower switching losses, high efficiency.


  • Discrete Schottky Diodes

  • Description: Featuring MPS (Merged PiN Schottky) design for robustness and reliability.

  • Key Features: Reliability, improved voltage capability.


  • Power Modules

  • Description: Customizable packages designed for high SiC performance.

  • Key Features: Adaptable design, high-efficiency modules.


  • 2300V Modules (recently unveiled)

  • Description: Designed for renewable energy, storage, and high-capacity charging infrastructure.

  • Key Features: High efficiency, durability, scalability, improved dynamic performance.


  • Bare Die MOSFETs and Schottky Diodes

  • Description: Provide system-level customization opportunities.

  • Key Features: Flexibility, high performance.


  • Gate Driver Boards and Evaluation Kits

  • Description: Facilitate understanding and integration of SiC technologies.

  • Key Features: Design support and learning resources.


Materials Products


  • N-Type SiC Substrates and HPSI Semi-insulating SiC Substrates

  • SiC Epitaxy: N-Type & P-type epitaxial layers.

  • Nitride Epitaxy: GaN, AlInN, InGaN epitaxial layers.


Recent Developments



  • Funding and Partnerships:

  • Secured $750 million from the U.S. CHIPS Act and an additional $750 million from investment groups led by Apollo. These funds are aimed at expanding SiC manufacturing in the U.S.

  • Partnered with EPC Power to utilize Wolfspeed's modules in utility-scale solar and energy storage systems.


  • Product Innovations:

  • Unveiled 2300V silicon carbide module solution to enhance clean energy capacity, targeting the renewable energy, energy storage, and fast-charging sectors.


  • Leadership Changes:

  • Nominated Thomas Seifert and Woody Young to the Board of Directors, reflecting a strategic emphasis on deploying their extensive experience to further corporate goals.


  • Expansion Plans:

  • Multi-billion-dollar U.S. capacity expansion plan for silicon carbide manufacturing, including new facilities in New York and North Carolina, supported by recent federal and investment funding.


Summary


Wolfspeed, Inc. continues to lead in Silicon Carbide technology and remains a critical player in reinforcing U.S. capabilities in high-efficiency power semiconductors—central to energy-efficient and renewable technologies. With substantial recent investments and innovative partnerships, Wolfspeed is strategically positioned to drive advancements in clean energy sectors and semiconductor technology. The company's focus on sustainability and efficient manufacturing underscores its commitment to pioneering next-generation technologies that meet the expansive demands of the future.