Movement Alert|Wolfspeed Inc. Rises 8.34% in Regular Trading, SiC Industry Demand Surge and GE Aerospace Partnership Fuel Rally

Market Focus08-04

On August 4, Wolfspeed Inc. rose 8.34% in regular trading, trading at $26.152/share, with turnover of $31.69 million, extending the previous session's gains.

On the news front, multiple tailwinds in the silicon carbide (SiC) industry continue to resonate. The company previously signed a memorandum of understanding with GE Aerospace to support the adoption of high-voltage SiC technology across industrial, aerospace, and defense markets. The collaboration plans to develop standards for high-voltage SiC power modules and supply Wolfspeed's 10-kilovolt SiC MOSFET die for commercial use, targeting applications including solid-state transformers, industrial electrification systems, and aerospace and defense platforms.

At the industry level, multiple SiC manufacturers disclosed first-half orders growing several times year-over-year, with sustained demand expansion providing fundamental support for the company. Additionally, the appointment of semiconductor veteran Andy W. Mattes to the board in late July has strengthened strategic governance capabilities.

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