"Wolfspeed" is now the new name for "Cree". Wolfspeed is a small company that makes chips out of silicon carbide.
In addition to being one of the hardest materials known to man, this
stuff can withstand much higher temperatures and power levels than
silicon. Also, when made into diodes, it gives off blue light, a
rarity. The problem with this compound is imperfections in the crystals
and difficulty in working with it.
Does anyone out there know whether this technology has a profit-
generating potential in the near future?
Cree has now divested itself of its LED lighting division : investor.wolfspeed.com.
What remains is Wolfspeed. Symbol wolf on the NYSE. It has consequently had a meteoric rise in value.
Wolfspeed has strategically positioned itself as being an important provider of chips that are necessary in the EV sector. Their type of chips are required for faster charging capabilities. |
