New Street Research - WOLFSPEED INC (WOLF) Wolfspeed: Could Siler City crystal growth delay the Mohawk ramp? Implications

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New Street Research

Pierre FerraguÊ

Wolfspeed: Could Siler City & crystal growth delay the Mohawk ramp? Implications

Wolfspeed’s stock suffered in 2023 as the company experienced delays in ramping its 200mm device fab in Mohawk Valley. In today’s note, we review the implications of a similar delay in the ramp of its new 200mm materials fab in Siler City.

16/01/2024 1 EN

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WOLFSPEED INC

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US9778521024 New York Stock Exchange United States

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

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Pan European Telecom Services and Cable

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Pierre FerraguÊ

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Wolfspeed: Could Siler City & crystal growth delay the Mohawk ramp? Implications

Tariffs – How would a recession affect our coverage?

The Tech Infrastructure Quarterly Bible 4Q24

Bible 4Q24 – Industrials: expect a rebound in 2025

Amazon (AMZN, Buy, $225 target) Inventory pull-forward mitigates tariffs....for now

New DoD proposal on spectrum for carriers

Microsoft 3FQ25: AI re-platforming delivers results. Buy $550 TP.

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