Movement Alert｜Wolfspeed Inc. Rises 8.34% in Regular Trading, AI Data Center Power Partnership and SiC Industry Demand Surge Extend Rally

On August 6, Wolfspeed Inc. rose 8.34% in regular trading, trading at $27.38/share, with turnover of $26.39 million, extending a multi-day rally streak.

On the news front, the company announced a partnership with Liteon Technology to deliver innovative 800V DC power solutions supporting hyperscale AI data center deployments, integrating both companies' deep expertise in power electronics to address surging high-performance computing energy demands. Additionally, Wolfspeed's previously signed memorandum of understanding with GE Aerospace continues to provide momentum, covering high-voltage silicon carbide power module development for industrial, aerospace, and defense markets, with plans to supply 10-kilovolt SiC MOSFET die for commercial applications including solid-state transformers and industrial electrification systems.

At the industry level, multiple SiC manufacturers have disclosed first-half orders growing several times year-over-year, with sustained demand expansion supporting the company's fundamental outlook. Within the Semiconductors sector, Wolfspeed significantly outperformed peers, with NVIDIA up 1.55%, while Micron Technology fell 2.76%, AMD fell 0.88%, Intel fell 1.87%, and SK hynix fell 5.69%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)