welcome
Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Wolfspeed, Inc. (WOLF): Among Stocks That Will Profit From AI

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

84% Informative

Artificial Intelligence (AI) is no longer a concept of the future but a real economic force influencing markets.

By transforming corporate processes and enhancing manufacturing, AI is leading the way for efficiency, innovation, and profitability.

Wolfspeed, Inc. ( NYSE :WOLF) is a leading innovator in wide bandgap semiconductors, focusing on silicon carbide and gallium nitride materials.

Wolfspeed, Inc. ( NYSE :WOLF) reported second-quarter fiscal year 2025 revenue of $180.5 million .

Mohawk Valley manufacturing facility contributed approximately $52 million to this revenue.

Wolfspeed’s stock experienced a one-month gain of 12.82% , attributed to a strategic partnership with a leading automaker.