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Technology Stocks : Wolf speed

WOLF 30.76

-0.4%

Oct 28 9:30 AM EDT

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From: EvanG	2/7/2025 12:35:00 PM
	of 10711

X-FAB thinks SiC devices have bottomed SIC revenue in the fourth quarter came in at USD 5.8 million, down 75% year-on-year and down 22% quarter-on-quarter. SiC order intake, on the other hand, recorded a 72% increase over the previous quarter. X-FAB believes to have passed the bottom of the current down cycle in the second half of 2024 and expects a* gradual recovery of its SiC business in 2025.

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