Latest / The 7investing Podcast
Is Wolfspeed Stuck in Neutral?
Wolfspeed (NYSE: WOLF) is one of Wall Street's ultimate battleground stocks.
As the world's largest provider of silicon carbide, it supplies one of the most necessary materials for next-generation Electric Vehicles. Based on the size of its potential market and the long-term supply agreements with large automakers, its stock appears to be extremely undervalued.
Yet Wolfspeed is also facing some serious headwinds, specifically in government-supported financing to construct its fabs and lagging demand for EVs from consumers. It's fallen short of its explicitly-stated guidance, which has hurt…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.