Wolfspeed expands and extends silicon carbide wafer supply agreement with a leading global semiconductor company

Durham, n.c.--( business wire )--wolfspeed, inc. (nyse: wolf), the global leader in silicon carbide technology, today announced the expansion of an existing multi-year, long-term silicon carbide wafer supply agreement, now worth approximately $225 million, with a leading power device company. the expanded agreement calls for wolfspeed to supply the company with 150 mm silicon carbide bare and epitaxial wafers, reinforcing the company's vision for an industry-wide transition from silicon to silicon carbide semiconductor power devices.
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