Wolfspeed Inc

NYSE WOLF

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Wolfspeed Inc Market Capitalization on June 03, 2024: USD 3.38 B

Wolfspeed Inc Market Capitalization is USD 3.38 B on June 03, 2024, a -44.51% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Wolfspeed Inc 52-week high Market Capitalization is USD 8.48 B on July 19, 2023, which is 151.25% above the current Market Capitalization.
  • Wolfspeed Inc 52-week low Market Capitalization is USD 2.79 B on April 19, 2024, which is -17.34% below the current Market Capitalization.
  • Wolfspeed Inc average Market Capitalization for the last 52 weeks is USD 4.79 B.
NYSE: WOLF

Wolfspeed Inc

CEO Mr. Gregg A. Lowe
IPO Date Feb. 9, 1993
Location United States
Headquarters 4600 Silicon Drive, Durham, NC, United States, 27703
Employees 4,802
Sector Technology
Industry Semiconductors
Description

Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.

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StockViz Staff

September 19, 2024

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