SanDisk Lags as Wolfspeed, GCT Semiconductor and Enphase Rally Over 100%
SNDK•SanDisk failed to rank among the chip sector’s top four May gainers, even as Wolfspeed surged 149%, GCT Semiconductor climbed 136% and Enphase Energy jumped 103%. Major players like Intel, AMD and Micron also trailed smaller niche firms that are capitalizing on power devices and telecom chip demand.
1. SanDisk Misses Top-Gainers List
SanDisk did not rank among the chip sector’s top four gainers in May, losing ground to niche power-device and telecom semiconductor specialists that drew strong bullish sentiment.
2. Breakout Performers and Catalysts
Wolfspeed jumped 149% after launching a 1200V SiC power module and a 200mm SiC wafer platform, GCT Semiconductor climbed 136% on progress toward 5G chipset commercialization, and Enphase Energy rose 103% following its roll-out of GaN-based microinverters and expanded battery solutions.
