Wolfspeed Inc

Navitas Semiconductor Plunges 14.5% Amid Chip Sector Rout and Dilution Fears

Navitas Semiconductor dropped 14.5% to $18.30 after a sector-wide chip selloff and investor concerns over high AI-driven valuations, with Zacks noting its 97x forward sales multiple and recent $500 million at-the-market stock sale filing.

Markets 3h ago

Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally

Wolfspeed shares surged 18% before filing to register 24 million shares for resale, raising dilution concerns. The silicon carbide chipmaker's AI-driven rally faces a test when markets reopen.

Technology 5d ago

Wolfspeed Shares Tumble 14% as AI Chip Rally Falters

Wolfspeed shares plunged 14.3% to $63.00 as the AI power-chip rally lost steam, despite the company reporting $1.2 billion in liquidity and a net loss of $119.9 million.

Markets May 27

Navitas Shares Rally on AI Power Chip Hopes, Revenue Still Tiny

Navitas Semiconductor shares surged over 15% as investors bet on its AI data-center power chips. Q1 revenue was $8.6M with a $27.8M loss; Q2 guidance points to $10M. The stock's rally hinges on converting design wins into sales.

Technology May 20

Fervo Energy Soars 33% in Nasdaq Debut; AI Infrastructure Stocks Surge

Fervo Energy jumped 33% in its Nasdaq debut, raising $1.89 billion. AI infrastructure stocks surged, but Wix and Dynatrace dropped on spending worries.

Markets May 13

Wolfspeed Surges 21% on AI Power Chip Endorsement from Citrini

Wolfspeed shares surged 21% to $65.13 after Citrini Research endorsed its silicon carbide chips for AI data-center power management, though the company continues to report losses.

Technology May 13

Wolfspeed Shares Surge as Debt Reduction and Short Squeeze Fuel Rally

Wolfspeed shares surged 6.8% to $53.72, with premarket trading hitting $77.00, as investors focus on debt reduction and high short interest despite negative gross margins.

Markets May 13

OpenEvidence Partners with SSO, Pushes AI Deeper into Cancer Surgery

OpenEvidence partners with the Society of Surgical Oncology to integrate clinical content into its AI platform and launch a $100,000 grant for surgeon-led research.

Technology May 12

Wolfspeed Stock Soars 25% on Stake Disclosure Ahead of Earnings Report

Wolfspeed shares jumped nearly 25% Friday after a 5% stake disclosure. The chipmaker reports fiscal Q3 earnings Tuesday amid ongoing losses and weak EV demand.

Earnings May 2

Wolfspeed Rallies on Stake Disclosure and Executive Shakeup Ahead of Earnings

Wolfspeed shares jumped after a group tied to Susquehanna disclosed a 5% stake. New executives and debt refinancing signal turnaround efforts before earnings.

Markets May 1

Wolfspeed Shares Rally 13% Ahead of Key Earnings Report

Wolfspeed shares jumped 13% to $31.23 on heavy volume ahead of its May 5 earnings report, after the chipmaker cut debt by $97 million and lowered annual interest costs by $62 million.

Earnings Apr 24

Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment

Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.

Technology Mar 13

Navitas Semiconductor Holds Gains After Revenue Outlook, CFO Transition

Navitas Semiconductor shares stabilized in premarket trading after a sharp 20% rally, driven by an upbeat first-quarter revenue forecast and the announcement of its CFO's upcoming departure.

Earnings Feb 26