Wolfspeed (WOLF) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.02 per share a year ago.

The Afterhours: Cisco, Wolfspeed, Synopsys, Vivos

06:24pm, Wednesday, 16'th Aug 2023
Cisco Systems (NASDAQ:CSCO) delivered a strong 4Q earnings report that came in ahead of expectations on Wednesday after market close, sending its shares 2.2% higher in extended trading.  The communic

Wolfspeed shares shrink on fiscal 4Q earnings miss

04:40pm, Wednesday, 16'th Aug 2023
Shares of semiconductor company Wolfspeed slid in extended trading Wednesday following a wider-than-expected loss in its fiscal fourth quarter. The company reported an adjusted loss of $0.42 per share
Wolfspeed Inc. shares were falling 13% in Wednesday's after-hours action after the company posted a wider-than-expected loss for the latest quarter and also forecast steeper-than-anticipated losses in

3 Semiconductor Stocks to Sell in August

10:24am, Wednesday, 16'th Aug 2023
If you are a public equities investor betting on the digital economy, semiconductor stocks would have to be in your portfolio. Semiconductors are tiny electronic devices powering everything from our s
Wolfspeed's (WOLF) fourth-quarter fiscal 2023 results are expected to reflect benefits from strong power devices and material product lines.
Wolfspeed has secured much-needed funding for its manufacturing expansion
WOLF shares spiked 20% higher at the open before traders took profits, driving gains down to 11%.
Wolfspeed (WOLF) and Renesas Electronics enter into a 10-year wafer supply agreement, signaling a major step forward in the adoption of silicon carbide technology.
Wolfspeed (WOLF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Wolfspeed got support from lenders to improve its silicon carbide wafers production facilities.

Why Wolfspeed Skyrocketed Today

04:20pm, Wednesday, 05'th Jul 2023
Wolfspeed inked a 10-year agreement with chipmaker Renesas. Renesas is pre-paying with a $2 billion deposit that will help Wolfspeed expand its manufacturing capacity.
Wolfspeed shares jumped more than 17% in early trading on Wednesday after signing a 10-year, $2 billion agreement to supply wafers for Japan's Renesas Electronics Corporation.
Wolfspeed (NYSE: WOLF ) stock is soaring today on news that the chipmaker locked in a 10-year deal with Japanese semiconductor manufacturing company Renesas Electronics (OTCMKTS: RNECY ). What do you
Wolfspeed Inc (NYSE: WOLF) opened about 20% up on Wednesday after announcing a decade-long deal with the Japanese semiconductor giant Renesas Electronics Corp (TYO: 6723). Renesas paid $2.0 billion fo
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