Sunday, November 8, 2026
TGOs

The business of defense

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Company

Wolfspeed, Inc.

Wolfspeed makes silicon carbide materials and power devices, sold into automotive, industrial, renewable energy, AI data center and defense markets. ↗

HeadquartersDurham, North Carolina ↗
Founded1987 ↗
LeadershipRobert Feurle, CEO ↗; Gregor van Issum, CFO ↗
Department of War obligations$13 million in prime contracts since fiscal 2022 ↗
OwnershipPublic (NYSE: WOLF) ↗

Products

  • Wolfspeed sells silicon carbide material, power modules, discrete power devices and power die products. ↗
  • Wolfspeed sells premium 200 mm n-type silicon carbide substrates that it says raise yields per wafer and per lot. ↗

Customers

  • Wolfspeed has a conditional commitment letter from the Department of War's Office of Strategic Capital for up to $1.5 billion of long-term financing to support domestic silicon carbide and wide bandgap power device production. ↗
  • Wolfspeed serves the Department of War and plans to expand its capabilities for U.S. national security. ↗
  • Wolfspeed and LITEON partner on 800 VDC power solutions for hyperscale AI data center deployments. ↗

Acquisitions

  • Wolfspeed, then named Cree, bought Infineon Technologies' RF Power business in March 2018 for €345 million. ↗

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