WOLF earnings

Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the third quarter of fiscal 2026. Business Highlights Continued sequential quarterly growth in AI data center applications of approximately 30%, reflecting a moderate but expanding part of the Company's business with meaningful long-term potential. Launched first commercially available 10 kV SiC power MOSFET for grid modernization, industrial electrification and AI data center infrastructure. Introduced next-gen TOLT portfolio to address growing AI data center demand. Durham facilities now focused on materials production, further increasing earnings potential of the site. CFIUS clearance and equity issuance to Rene

Wolfspeed, Inc. (NYSE:WOLF), a global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its third quarter results on Tuesday, May 5, 2026, at 5:00 pm Eastern Standard Time. The call will be hosted by Robert Feurle, Chief Executive Officer, and Gregor van Issum, Chief Financial Officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most disruptive innovations. As the pionee

AI Datacenter Revenue up 50% QoQ $200 Million Annualized Operating Expense Reduction Compared to Q2 FY 2025 Capital Expenditures Down by 90% Year over Year Strong Balance Sheet Ending with $1.3 Billion in Cash, Cash Equivalents and Short-term Investments Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the second quarter of fiscal 2026. Business Highlights Received approximately $700 million in Section 48D cash tax refunds and applied $175 million of the proceeds, net of make-whole premiums, toward the retirement of long-term debt. $1.3 billion of cash, cash equivalents and short term investments as of December 28, 2025. Working capital improvements (excluding l

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its second quarter results on Wednesday, February 4, 2026, at 5:00 pm Eastern Standard Time. The call will be hosted by Robert Feurle, chief executive officer, and Gregor van Issum, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most disruptive innovations. As

Delivered Strong Quarterly Results While Navigating Emergence from Chapter 11 Focusing the Company on Product Innovation and Technology Leadership in High-Growth Verticals Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the first quarter of fiscal 2026. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the first quarter of fiscal 2025.) Consolidated revenue of approximately $197 million, compared to $195 million Mohawk Valley Fab contributed $97 million in revenue, compared to $49 million GAAP gross margin of (39)%, compared to (19)% Non-GAAP gross margin of (26)%, compared to 3% GAAP and non-GAAP gross margin includes the i

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal 2026 first quarter results on Wednesday, October 29, 2025, at 5:00 pm Eastern Standard Time. The call will be hosted by Robert Feurle, chief executive officer, and Gregor van Issum, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most disruptive innov

Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the fourth quarter of fiscal 2025 and the full fiscal year. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the fourth quarter of fiscal 2024.) Consolidated revenue of approximately $197 million, compared to $201 million Mohawk Valley Fab contributed $94.1 million in revenue, compared to $41 million GAAP gross margin of (13)%, compared to 1% Non-GAAP gross margin of (1)%, compared to 5% GAAP and non-GAAP gross margin includes the impacts of underutilization costs primarily in connection with the start of production at the Mohawk Valley Fab. Underutilization was $23.6 million as c

Renesas Electronics Corporation (TSE: 6723, "Renesas"), a premier supplier of advanced semiconductor solutions, today announced the finalized amount of the loss, previously disclosed as an estimate in the announcement titled "Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed" on June 23, 2025. 1. Recording of Loss Renesas previously announced that there was a possibility of recording a loss of approximately 250 billion yen (converted at an average exchange rate of 150 yen to the dollar during the period) on the deposited receivables related to a deposit provided to Wolfspeed, Inc. (NYSE:WOLF, "Wolfspeed")) in its consolidated financial

Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the third quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the third quarter of fiscal 2024.) Consolidated revenue of $185 million, as compared to $201 million Mohawk Valley Fab contributed $78 million in revenue, as compared to $28 million GAAP gross margin of (12)%, compared to 11% Non-GAAP gross margin of 2%, compared to 15% GAAP and non-GAAP gross margin includes the impacts of underutilization costs primarily in connection with the start of production at the Mohawk Valley Fab. Underutilization was $26.3 million as compared to $30.4 million. GAAP loss pe

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its third quarter results on Thursday, May 8, 2025, at 5:00 pm Eastern Standard Time. The call will be hosted by Thomas Werner, chairman of the board, Robert Feurle, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most d

Taking Aggressive Steps to Accelerate Profitability and Strengthen the Balance Sheet Maintain Confidence in $2.5+ Billion of Liquidity via CHIPS, Lenders, 48D Tax Credits 200mm Greenfield Footprint Yielding High-Quality Materials and Devices Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the second quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the second quarter of fiscal 2024.) Consolidated revenue of $181 million, as compared to $208 million Mohawk Valley Fab contributed $52 million in revenue, as compared to $12 million GAAP gross margin of (21)%, compared to 13% Non-GAAP gross margin of 2%, c

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its second quarter results on Wednesday, January 29, 2025, at 5:00 pm Eastern Standard Time. The call will be hosted by Thomas Werner, executive chairman, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most disruptive innovations. As the pio

Solidifying Capital Structure, Simplifying Business to Accelerate Profitability and Continuing to Build Core Sales Demand Executed Access to Incremental $2.5 Billion in Liquidity via CHIPS, Lenders, Tax Credits Streamlining Business to 200mm Pure Play Yielding $200 Million in Cash Savings Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the first quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the first quarter of fiscal 2024.) Consolidated revenue of approximately $195 million, as compared to approximately $197 million Mohawk Valley Fab contributed approximately $49 million in revenue Power device design-ins

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its first quarter results on Wednesday, November 6, 2024, at 5:00 pm Eastern Daylight Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most disruptive innovations. As the pione

Mohawk Valley Momentum Driving 100% Year-over-Year Growth in EV Revenue Mohawk Valley Fab Targeted to Reach 25% Utilization in Q1FY25, One Quarter Ahead of Schedule Company Plans to Accelerate Shift of Device Fabrication to 200mm Mohawk Valley Fab, Assess Timing of Closure of 150mm Durham Device Fab Reducing FY25 net CapEx Spend by $200 Million Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the fourth quarter of fiscal 2024 and the full 2024 fiscal year. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the fourth quarter of fiscal 2023.) Consolidated revenue of approximately $201 million, as compared to approximately $203 million

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter and full year fiscal 2024 results on Wednesday, August 21, 2024, at 5:00 pm Eastern Daylight Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies. We provide industry-leading soluti

Mohawk Valley Fab Revenue more than Doubled Sequentially; On Track for 20% Utilization in Fourth Quarter of Fiscal 2024 $2.8 Billion of Design-Ins, Second Highest Quarter on Record Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the third quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the third quarter of fiscal 2023) Consolidated revenue of approximately $201 million, compared to approximately $193 million Mohawk Valley Fab contributed approximately $28 million in revenue, over a 2x increase from the prior quarter Materials revenue of approximately $99 million - second highest quarter on record Powe

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal third quarter 2024 results on Wednesday, May 1, 2024, at 5:00 pm Eastern Daylight Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies. We provide industry-leading solutions for efficient e

Mohawk Valley Fab Revenue Tripled Sequentially; On Track for 20% Utilization in Fourth Quarter of Fiscal 2024 Year-over-year Revenue Growth of 20 Percent; Record Quarterly Design-Wins Totaling $2.9 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the second quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the second quarter of fiscal 2023) Consolidated revenue of $208.4 million, compared to $173.8 million Mohawk Valley Fab contributed $12 million in revenue, a 3x increase from the prior quarter Power device design-ins of $2.1 billion Quarterly record design-wins of $2.9 billion - over 75% relate

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal second quarter 2024 results on Wednesday, January 31st, 2024, at 5:00 pm Eastern Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies. We provide industry-leading solutions for efficient en

Year-over-year Quarterly Revenue Growth of 4 Percent Design-Ins Totaling $2.2 Billion; Record Design-Wins of more than $1 Billion On Track to Meet 20 Percent Utilization Goal at the Mohawk Valley Fab in Fourth Quarter of Fiscal 2024 Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the first quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the first quarter of fiscal 2023) Consolidated revenue of $197.4 million, compared to $189.4 million Mohawk Valley Fab contributed $4.0 million in revenue Device design-ins of $2.2 billion and quarterly record of over $1 billion in device design-wins GAAP gross margi

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal first quarter 2024 results on Monday, October 30th, 2023, at 5:00 pm Eastern Time. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed's product families include silicon carbide and GaN m

MACOM Technology Solutions Holdings, Inc. ("MACOM") (NASDAQ:MTSI), a leading supplier of semiconductor products, today announced that it has entered into a definitive agreement to acquire the radio frequency ("RF") business (the "RF Business") of Wolfspeed, Inc. ("Wolfspeed"). The RF Business includes a portfolio of Gallium Nitride ("GaN") on Silicon Carbide ("SiC") products used in high performance RF and microwave applications. The business services a broad customer base of leading aerospace, defense, industrial and telecommunications customers and most recently generated annualized revenues of approximately $150 million. The acquisition is expected to be immediately accretive to MACOM's

Annual Revenue Growth of 24 Percent; Full Fiscal Year Design-Ins Totaling $8.3 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the fourth quarter of fiscal 2023 and the full 2023 fiscal year. Quarterly Financial Highlights (all comparisons are to the fourth quarter of fiscal 2022) Revenue of $235.8 million, compared to $228.5 million GAAP gross margin of 27.4%, compared to 34.5% Non-GAAP gross margin of 29.0%, compared to 36.5% GAAP net loss from continuing operations of $113.3 million, or $0.91 per diluted share, compared to $61.8 million, or $0.50 per diluted share Non-GAAP net loss from continuing operations of $52.8 million, or $0.42 per diluted sh

Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter and full year fiscal 2023 results on Wednesday, August 16th, 2023, at 5:00 pm Eastern Time. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed's product families include silicon carbide

Year-over-year Quarterly Revenue Growth of 22 Percent; Design-Ins Totaling $1.7 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the third quarter of fiscal 2023. Quarterly Financial Highlights (all comparisons are to the third quarter of fiscal 2022, unless otherwise noted) Revenue of $228.7 million, compared to $188.0 million GAAP gross margin of 29.8%, compared to 34.0% Non-GAAP gross margin of 32.3%, compared to 36.3% GAAP net loss of $99.5 million, or $0.80 per diluted share, compared to $66.5 million, or $0.54 per diluted share Non-GAAP net loss of $16.0 million, or $0.13 per diluted share, compared to $14.3 million, or $0.12 per diluted share

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its third quarter fiscal 2023 results on Wednesday, April 26th, 2023, at 5:00 pm Eastern Time. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of Silicon Carbide and gallium nitride (GaN) technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed's product families include Silicon Carbid

Year-over-year Quarterly Revenue Growth of 25 Percent; Design-Ins Totaling $1.5 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the second quarter of fiscal 2023. Quarterly Financial Highlights (all comparisons are to the second quarter of fiscal 2022, unless otherwise noted) Revenue of $216.1 million, compared to $173.1 million GAAP gross margin of 31.0%, compared to 32.9% Non-GAAP gross margin of 33.6%, compared to 35.4% GAAP net loss of $90.9 million, or $0.73 per diluted share, compared to $96.7 million, or $0.82 per diluted share Non-GAAP net loss of $14.2 million, or $0.11 per diluted share, compared to $18.6 million, or $0.16 per diluted share Quarte

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2023 results and business outlook on January 25, 2023, at 5:00 p.m. Eastern Time. After the close of the market on January 25, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/. To listen to a live webcast of the call, simply go to Events & Presentations - Wolfspeed, Inc. and follow the login instructions. The recorded webcast will also be available at the site for replay. About

Year-over-year Quarterly Revenue Growth of 54 Percent; Design-Ins Totaling $3.5 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the first quarter of fiscal 2023. Quarterly Financial Highlights (all comparisons are to the first quarter of fiscal 2022, unless otherwise noted) Revenue of $241.3 million, compared to $156.6 million GAAP gross margin of 33.1%, compared to 31.5% Non-GAAP gross margin of 35.6%, compared to 33.5% GAAP net loss of $26.2 million, or $0.21 per diluted share, compared to $70.1 million, or $0.60 per diluted share Non-GAAP net loss of $4.9 million, or $0.04 per diluted share, compared to $23.8 million, or $0.21 per diluted share Quarterly

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2023 results on Wednesday, October 26th, 2022, at 5:00 pm Eastern Time. The Company will also host an Investor Day event at the New York Stock Exchange on Monday, October 31st, at 8:00 am Eastern Time. Wolfspeed's executive leadership team will provide an update on the business and the Company's long-term outlook. A live webcast of the earnings conference call and Investor Day, along with the earnings release and Investor Day materials will be available on Wolfspeed's Investor Relations website at investor.wolfspeed.com. About

Annual Revenue Growth of 42 Percent; Record Quarter of Design-Ins Totaling $2.6 Billion Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the fourth quarter and full year of fiscal 2022. Quarterly Financial Highlights (all comparisons are to the prior year period, unless otherwise noted. Figures are continuing operations only) Revenue of $228.5 million, compared to $145.8 million GAAP gross margin of 34.5%, compared to 30.0% Non-GAAP gross margin of 36.5%, compared to 32.2% GAAP net loss of $61.8 million, or $0.50 per diluted share, compared to $145.2 million, or $1.26 per diluted share Non-GAAP net loss of $2.9 million, or $0.02 per diluted share, compared to $26.9 mi

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter and full year fiscal 2022 results and first quarter fiscal 2023 business outlook on August 17, 2022, at 5:00 p.m. Eastern Time. After the close of the market on August 17, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/. To listen to a live webcast of the call, simply go to Events & Presentations - Wolfspeed, Inc. and follow the login instructions. The recorded webcast will also be ava

Wolfspeed, Inc. (NYSE:WOLF), formerly known as Cree, Inc., today announced revenue of $188.0 million for its third quarter of fiscal 2022, ended March 27, 2022. This represents a 37% increase compared to revenue from continuing operations of $137.3 million reported for the third quarter of fiscal 2021, and a 9% increase compared to the second quarter of fiscal 2022. GAAP net loss from continuing operations was $66.5 million for the third quarter of fiscal 2022 and the third quarter of fiscal 2021. GAAP net loss per diluted share from continuing operations was $0.54 and $0.59 for the third quarter of fiscal 2022 and the third quarter of fiscal 2021, respectively. On a non-GAAP basis, net los

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its third quarter fiscal 2022 results and business outlook on May 4, 2022, at 5:00 p.m. Eastern Time. After the close of the market on May 4, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/. To listen to a live webcast of the call, simply go to http://investor.wolfspeed.com/events.cfm and follow the login instructions. The recorded webcast will also be available at the site for replay. About Wolfspeed:

Wolfspeed, Inc. (NYSE:WOLF), formerly known as Cree, Inc., today announced revenue of $173.1 million for its second quarter of fiscal 2022, ended December 26, 2021. This represents a 36% increase compared to revenue from continuing operations of $127.0 million reported for the second quarter of fiscal 2021, and a 11% increase compared to the first quarter of fiscal 2022. GAAP net loss from continuing operations for the second quarter of fiscal 2022 was $96.7 million, or $0.82 per diluted share, compared to GAAP net loss from continuing operations of $54.3 million, or $0.49 per diluted share, for the second quarter of fiscal 2021. On a non-GAAP basis, net loss from continuing operations for

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its second quarter fiscal 2022 results and business outlook on January 26, 2022, at 5:00 p.m. Eastern Time. After the close of the market on January 26, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/. To listen to a live webcast of the call, simply go to http://investor.wolfspeed.com/events.cfm and follow the login instructions. The recorded webcast will also be available at the site for replay. About

Wolfspeed, Inc. (NYSE:WOLF), formerly known as Cree, Inc., today announced revenue of $156.6 million for its first quarter of fiscal 2022, ended September 26, 2021. This represents a 36% increase compared to revenue from continuing operations of $115.5 million reported for the first quarter of fiscal 2020, and a 7% increase compared to the fourth quarter of fiscal 2021. GAAP net loss from continuing operations for the first quarter of fiscal 2022 was $70.1 million, or $0.60 per diluted share, compared to GAAP net loss from continuing operations of $75.3 million, or $0.69 per diluted share, for the first quarter of fiscal 2021. On a non-GAAP basis, net loss from continuing operations for the

Wolfspeed, Inc. (NYSE:WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2022 results and business outlook on October 27, 2021, at 5:00 p.m. Eastern Time. After the close of the market on October 27, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at http://www.wolfspeed.com/. To listen to a live webcast of the call, simply go to http://investor.wolfspeed.com/events.cfm and follow the login instructions. The recorded webcast will also be available at the site for replay. About W