Wolfspeed’s Shares Soar 149% After New 1200V SiC Module and 200 mm Wafer Launch
WOLF•Wolfspeed shares rallied 149% in May, leading chip sector gains alongside GCT Semiconductor (136%) and Enphase Energy (103%). The surge follows its new 1200V SiC power module launch, 200 mm SiC wafer platform rollout and completion of Chapter 11 restructuring in late 2025.
1. May Performance Rally
Wolfspeed led chip sector gains in May with a 149% share price jump, outpacing peers GCT Semiconductor’s 136% and Enphase Energy’s 103% gains. This surge placed Wolfspeed at the top of retail sentiment rankings, reflecting heightened investor interest in niche semiconductor names.
2. SiC Power Module Launch
The company introduced a 1200V silicon carbide power module targeting electric vehicle propulsion systems, aiming to capture a slice of the growing EV market. Its concurrent rollout of a 200 mm SiC wafer platform intends to boost manufacturing scale and reduce unit costs.
3. Chapter 11 Restructuring Turnaround
Following Chapter 11 restructuring in late 2025, Wolfspeed emerged with a strengthened balance sheet and streamlined operations. Debt reduction and renewed capital allocation have underpinned investor confidence and set the stage for accelerated R&D and capacity expansions.
4. Market Position and Growth Catalysts
Wolfspeed’s SiC semiconductors serve data centers, EVs, industrial and renewable energy applications. Continued innovation and capacity scaling are critical as the broader shift toward efficient power devices creates a multi-billion-dollar addressable market.
