With sales of electric vehicles expected to rise in the coming years, EV suppliers such as Luminar Technologies and Wolfspeed saw large post-earnings bounces.
The semiconductor manufacturer posted strong fourth-quarter and full-year financial results.
Wolfspeed president and CEO Gregg Lowe details how their chips enable EV batteries to go longer and faster on 'The Claman Countdown.' #foxbusiness #theclamancountdown Subscribe to Fox Business!
Colin Rusch, Oppenheimer, joins 'Closing Bell' to discuss Wolfspeed shares turning positive on the year.
Wolfspeed's (WOLF) fourth-quarter fiscal 2022 results reflect rising demand for its silicon carbide required for electronic vehicles.

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Investors have to balance a rosy outlook with an expensive stock.

Why Are Semiconductor Stocks WOLF, ON Up Today?

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A number of semiconductor stocks are soaring today after U.S.-based chipmaker Wolfspeed (NYSE: WOLF ) managed to smash earnings expectations. Wolfspeed and On Semiconductor (NASDAQ: ON ) are both well
Wolfspeed Inc (NYSE:WOLF) is soaring today, up 25.7% at $107.66 at last glance, after the semiconductor concern posted narrower-than-expected fiscal fourth-quarter losses per share, a revenue beat, an
The chip company expects first-quarter revenue of between $232.5 million to $247.5 million.
Wolfspeed (WOLF) delivered earnings and revenue surprises of 80% and 9.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Invest in stocks like Wolfspeed (WOLF), TechnipFMC (FTI) & PattersonUTI Energy (PTEN) at the moment for solid earnings acceleration.
Wolfspeed's new silicon carbide fab in Marcy, New York will make power semiconductors that are critical to future EVs and electrifiication. It also has some striking features.

3 Must-Buy Stocks for Solid Earnings Acceleration

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Invest in stocks like Bank of N.T. Butterfield & Son (NTB), Wolfspeed (WOLF) & Spirit AeroSystems (SPR) at the moment for solid earnings acceleration.

Wolfspeed Stock Could Start Sprinting Up Charts

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