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To: Sun Tzu who wrote (8918)10/3/2024 8:32:17 AM
From: Sun Tzu  Read Replies (1) | Respond to of 10547
 
Wolfspeed – [WOLF] The semiconductor stock fell nearly 5% following a downgrade to underperform from neutral at Mizuho. The firm sees pricing for silicon carbide – a semiconductor material used in electric vehicles – being down about 10% to 20% year-over-year in 2025. Mizuho also cited lower EV production expectations both in the second half of this year and next year as another potential headwind for the company.