$NVDA NEWS Nvidia stock tumbles as new Biden rule threatens new curbs on chip exports Frankfurt - Delayed Quote • EUR Wolfspeed, Inc. (CR6A.F) Follow Compare 4.8050 -0.1850 (-3.71%) As of 6:30:06 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Why Wolfspeed Stock Is Plummeting Today Wolfspeed (NYSE: WOLF) stock is seeing big sell-offs in Friday's trading. Meanwhile, the S&P 500 index was down 1.8%, and the Nasdaq Composite index was down 2.1%. Wolfspeed stock is getting hit hard following the latest jobs report from the Bureau of Labor Statistics (BLS). Why Rivian, Wolfspeed, and Navitas Semiconductor Plunged Today Shares of electric vehicle company Rivian (NASDAQ: RIVN) and EV-related power chipmakers Wolfspeed (NYSE: WOLF) and Navitas Semiconductor (NASDAQ: NVTS) were down on Wednesday, falling 5.7%, 15.2%, and 13%, respectively, as of 12:25 p.m. ET. Rivian is an upstart electric vehicle challenger, while Wolfspeed is an emerging player in silicon carbide (SiC) wafer production and SiC-based chips used predominantly in EVs. Meanwhile, Navitas is a small-cap chip designer of both SiC and gallium nitride power chips for EVs, industrial, and consumer electronics applications. Better Artificial Intelligence Stock: Wolfspeed vs. Broadcom Which of these chipmakers is the better buy right now? Why Wolfspeed Stock Is Jumping Today Wolfspeed (NYSE: WOLF) stock is gaining ground in Monday's trading. Meanwhile, the S&P 500 index had climbed 0.5%, and the Nasdaq Composite index was up 0.1%. The broader market is rallying today, and the semiconductor industry is seeing particularly strong bullish momentum thanks to Foxconn's recent quarterly report. Why Wolfspeed Stock Plunged 30% in December Shares of semiconductor company Wolfspeed (NYSE: WOLF) tumbled 30.5% last month, according to data provided by S&P Global Market Intelligence, as investors processed two bits of bad news for the company. The first was a report by Axios highlighting the company's recent struggles with management and attempts to grow its silicon carbide chips business. Wolfspeed transitioned to focusing on silicon carbide semiconductors used in some electric vehicles (EVs) several years ago, and enjoyed significant share price gains during its pivot away from its former lighting business. Is Wolfspeed Stock a Buy Now? Wolfspeed (NYSE: WOLF) hasn't quite delivered on the power and speed its company name might suggest. Shares of the semiconductor and silicon carbide technologies innovator fell by a dramatic 85% in 2024 amid an underwhelming financial performance and setbacks to its growth targets. Despite the sheepish headline numbers, Wolfspeed stock still deserves a closer look as it has a lot of potential. Here’s Why Wolfspeed, Inc. (WOLF) Is Among The Stocks Targeted By Activist Hedge Funds We recently compiled a list of the 15 Stocks Targeted By Activist Hedge Funds. In this article, we are going to take a look at where Wolfspeed, Inc. (NYSE:WOLF) stands against the other stocks targeted by activist hedge funds. Shareholder activism continued at a record pace in 2024 as activist hedge funds pushed for strategic changes […] Is Wolfspeed Stock a Buy? This little chipmaker faces tough cyclical headwinds. Wolfspeed Stock Plunges 22% in a Month: What Should You Do Now? Revenue declines and intense competition pose significant challenges to WOLF's growth despite its expansion efforts and strong capital structure. Better Semiconductor Stock: Wolfspeed vs. Nvidia Sales in the semiconductor industry are surging thanks to the secular trends of artificial intelligence (AI) and electric vehicles (EVs). The semiconductor market is forecast to reach more than $600 billion in 2024, and rise to $1 trillion by 2030, making investments in chip companies a good way to capitalize on this growth. Two semiconductor industry leaders to consider are Wolfspeed (NYSE: WOLF) and Nvidia (NASDAQ: NVDA). Better Artificial Intelligence Stock: Wolfspeed vs. AMD Seemingly overnight, artificial intelligence became a major growth industry. The AI boom is driving demand for semiconductors, which are crucial components in AI systems. Two compelling semiconductor companies to consider are Wolfspeed (NYSE: WOLF) and Advanced Micro Devices (NASDAQ: AMD). Here’s Why ClearBridge All Cap Growth Strategy Sold Wolfspeed (WOLF) ClearBridge Investments, an investment management company, released its “ClearBridge All Cap Growth Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the U.S. equities market experienced a brief decline due to disappointing employment statistics, causing an increase in volatility. Stocks surged after the Federal Reserve […] Why Wolfspeed Stock Is Skyrocketing Today Wolfspeed stock is getting a nice pop today, but its share price is still down roughly 76% in 2024. 3 Monster Stocks to Hold for the Next 10 Years Just be ready to ride out some inevitable turbulence along the way. Wolfspeed (WOLF) Up 11.7% Since Last Earnings Report: Can It Continue? Wolfspeed (WOLF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Wolfspeed (NYSE:WOLF) Showcases 200mm Tech Shift at UBS Conference, Tackles Key Challenges Wolfspeed is set to present at the UBS Global Technology and AI Conference on December 3, 2024, with Neill P. Reynolds, Executive VP & CFO, speaking at The Phoenician Hotel in Scottsdale, Arizona. As the company transitions to 200-millimeter technology, it aims to enhance manufacturing efficiency and capitalize on its $11 billion backlog in design wins, particularly in the electric vehicle sector. The upcoming discussion will delve into Wolfspeed's strategic initiatives, financial challenges,... Is Wolfspeed a Buy? One of the most controversial industries right now is electric vehicles, with the industry's long-term growth opportunities running into a severe near-term slowdown. Wolfspeed has spent a fortune turning itself into a SiC-based semiconductor leader, a key type of chip crucial to the future of EVs. Wolfspeed has a more complicated story than your typical stock, which could lead to it being mispriced. Wolfspeed To Participate in Upcoming Investor Conference DURHAM, N.C., December 02, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, CFO, will be participating in a fireside chat at the UBS Global Technology and AI Conference at 4:15pm ET on December 3, 2024. Why Wolfspeed Stock Is Soaring Today Could Wolfspeed become one of the next hot meme stocks? Coherent Holds An Nvidia-Like Gain. AI Is Just One Reason Why. A financial transformation under new leadership is just one reason to be bullish about Coherent. Robust AI-powered earnings is another. Performance Overview Trailing total returns as of 1/13/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return CR6A.F S&P 500 YTD -30.68% -1.59% 1-Year -84.75% +21.52% 3-Year -95.24% +23.00%