WOLF

Wolfspeed, Inc. ( WOLF ) Q1 2027 Earnings Call November 4, 2026 5:00 PM EST Company Participants Dan Whalen Robert Feurle - CEO & Director Gregor Issum - Executive VP & CFO Conference Call Participants Christopher Rolland - Susquehanna Financial Group, LLLP, Research Division Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Wolfspeed, Inc. First Quarter Fiscal Year 2027 Earnings Call.

Wolfspeed remains a high-risk, high-reward bet on SiC adoption in data centers despite recent volatility and negative Q1 results. WOLF's Q1 showed negative gross margins, declining revenue, and significant losses, but operational improvements and Power Devices growth offer cautious optimism. There are modest potential concerns in the report, but the more likely culprit seems to be a wave of selling across the chip space.

Wolfspeed generated $155 million in total revenue for the quarter. The company announced a $1.5 billion government loan commitment.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2027. Recent Business Highlights Announced conditional 30-year, $1.5 billion loan commitment from U.S. Department of War to advance domestic wide bandgap supply chain. Expanded and extended existing 150mm long-term supply silicon carbide wafer supply agreement with Infineon Technologies AG to include 200mm. Announced a multiyear supply agreement for our silicon carbide devices.

October opened with federal support for Wolfspeed (NYSE:WOLF | WOLF Price Prediction), but the silicon carbide maker is ending the month lower. Wolfspeed stock is down 25% in October to $21.02 in late trading, after closing at $28.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, today announced a multiyear supply agreement for Wolfspeed silicon carbide devices to support BorgWarner's next-generation 800V silicon carbide-based inverter platform as strategic partner. The agreement strengthens the companies' longstanding collaboration while providing BorgWarner with a reliable, long-term supply of high-performance silicon carbide technology for next-generation elect.

Wolfspeed NYSE: WOLF said it is advancing its silicon carbide technology roadmap, expanding its presence in AI data centers and pursuing operating and capital-structure improvements, Chief Executive Officer Robert Feurle said at the company's 2026 annual shareholder meeting.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2027 results on Wednesday, November 4, 2026, at 5:00 pm Eastern Time. The call will be hosted by Robert Feurle, Chief Executive Officer, and Gregor van Issum, Chief Financial Officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor R.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc (NYSE: WOLF), a global leader in silicon carbide technology, and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced the expansion and extension of their existing long-term silicon carbide (SiC) wafer supply agreement. The expanded agreement adds 200 mm silicon carbide wafers to the existing 150 mm supply and builds on a supply relationship between the two companies spanning more than 20 years. With this agreement, Wolfspeed strengthe.

Wolfspeed, Inc. NYSE: WOLF recently secured a conditional commitment from the Department of Defense for up to $1.5 billion in 30-year financing. Shares jumped initially as investors digested the headline number, but the deal's mechanics warrant a closer look.