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Wolfspeed’s Latest Quarter: Progress, and a Long Way to Go

Gallium nitride expansion lets Wolfspeed share factory equipment across two technologies, a tension investors must weigh against silicon carbide capacity spending.

  • Wolfspeed reported $155 million revenue in Q4, a decline from $196.8 million in the previous period
  • Non-GAAP margin remained negative at 12.8%, despite an improvement in gross margin

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