| | | Good interview with Lowe.
thetechnologyletter.com
For Wolfspeed, it will mean both more revenue and higher profit margin. “We're anticipating roughly quadrupling our revenue from a year ago to 2026, when we would be at $2.1 billion in revenue in that time frame,” says Lowe.
But the “exploding” market, he says, “is putting what we describe as upward pressure on that $2.1 billion.”
Throughout this year, Wolfspeed will run test wafers “for qualification purposes,” says Lowe, and then a small amount for sale later in the year, with the big ramp in customer production coming next year and the year after, he says. “By 2024, we anticipate the majority of our power products will be coming from that fab,” says Lowe, using the industry jargon for a chip factory, a “fab.”
Wolfspeed’s gross profit will take a big leap, from the mid-thirties percentage in recent quarters to “mid-fifties,” says Lowe. “Having an automated fab, and having it be a 200-millimeter fab, is going to give us a lot better cost going forward.”
snip................... |
|
