Wolfspeed announces key milestones and operational update

Durham, n.c.--(business wire)--wolfspeed, inc. (nyse: wolf), the global leader in silicon carbide technology, today provided an update on key milestones and an operational update. wolfspeed's mohawk valley silicon carbide fab has reached 20% wafer start utilization, a critical step in the company's efforts to meet the growing demand for silicon carbide power devices. additionally, wolfspeed's building 10 materials facility has achieved its 200mm wafer production target to support approximately.
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