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CREE - Wolfspeed, Inc.

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Wolfspeed, Inc.

CREE

NASDAQ

Inactive Equity

Wolfspeed, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operates in two segments, Wolfspeed and LED Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, this segment offers gallium nitride (GaN) die, high-electron mobility transistors (HEMTs), monolithic microwave integrated circuits (MMICs), and laterally diffused MOSFET (LDMOS) power transistors for telecommunications infrastructure, military, and other commercial applications; and custom die manufacturing services for GaN HEMTs and MMICs. The LED Products segment provides blue and green LED chip products for video screens, gaming displays, function indicator lights and automotive backlights, headlamps, and directional indicators. It also offers XLamp LED components and LED modules for lighting applications; and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications. The company was founded in 1987 and is headquartered in Durham, North Carolina.

79.12 USD

0 (0%)

Historical Prices

From:

To:

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About

ceo

Mr. Gregg Lowe

sector

Technology

industry

Semiconductors

exchange

NASDAQ

Description

Wolfspeed, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operates in two segments, Wolfspeed and LED Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power ...

CIK

0000895419

ISIN

US2254471012

CUSIP

225447101

Address

4600 Silicon Dr

Phone

19194075300

Country

US

Employee

3,466

IPO Date

Feb 9, 1993

Financial Statement

-200M-100M0100M200M300M2020 Q32020 Q42021 Q12021 Q22021 Q3RevenueNet Income

Earnings

-0.4-0.3-0.2-0.102020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q4EPS Consensus

CREE Financial Summary

CIK

0000895419

Exchange

NASDAQ

Industry

Semiconductors

Sector

Technology

CUSIP

225447101

ISIN

US2254471012

Country

US

Price

79.12

Beta

1.44

Volume Avg.

1.4M

Market Cap

9.84B

Shares

-

52-Week

79.09-81.29

DCF

82.49

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

0

P/B

-

Website

https://www.wolfspeed.com/

Upgrades and Downgrades

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Latest CREE News

Yahoo Finance

Oct 4, 2021

Chip maker Wolfspeed, formerly Cree, goes public

Gregg Lowe, Wolfspeed CEO, discusses company's trading debut and new partnership with General Motors. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k

Market Watch

Oct 4, 2021

Cree changes name to Wolfspeed, begins trading under 'WOLF' ...

Cree Inc. has changed its name to Wolfspeed Inc. WOLF, +4.94% , and the technology company begins trading Monday on the New York Stock Exchange under the ticker symbol "WOLF." Wolfspeed offers Silicon Carbide technology for the semiconductor industry and the company's repositioning under this name reflects divestitures at Cree and a refocusing of the company's strategy.

Forbes

Oct 4, 2021

Cree Becomes Wolfspeed, GM Deal Signals The Coming End Of Th...

CREE becomes Wolfspeed, and inks a deal with GM. The company is going all-in on wide bandage semiconductors, which will be important in a more electric future.

Benzinga

Sep 17, 2021

BofA Downgrades Synopsys, Cirrus Logic, Cree, Names Top Q4 S...

Bank of America remains bullish on semiconductor stocks heading into the fourth quarter, but the firm issued three semi stock downgrades Friday and said stock selection is critical at the moment. The Semiconductor Analyst:

Business Wire

Sep 13, 2021

Cree, Inc. to Participate in the Citi 2021 Virtual Global Te...

DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. today announced that Cengiz Balkas and Tyler Gronbach will present virtually at the Citi 2021 Virtual Global Technology Conference.

GuruFocus

Aug 23, 2021

Cree, Inc. - A Fair Value Report

This report is about Cree, Inc. ( CREE , Financial) and covers the company's fiscal year ended June 30, 2021. Listed earnings and metrics utilizing earnings are for that specific 12 month time period unless otherwise noted.

Forbes

Aug 19, 2021

9% Drop In Cree Stock A Buying Opportunity?

The stock price of ​Cree reached its 52-week high of $130 back in February 2021, and has since dropped more than 30% from that level. Cree, a power and radio frequency semiconductor manufacturer, saw its stock fall 9% in the past week, to levels of around $86 currently.

Schaeffers Research

Aug 18, 2021

Options Traders Target Tumbling Semiconductor Stock

Cree Inc (NASDAQ:CREE) is down 9.3% to trade at $78.30 at last check, despite the company reporting narrower-than-expected fiscal fourth-quarter losses, which beat Wall Street's estimates by 1 cent.

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