🟢 Wolfspeed, Inc. is trading 17.85% up today, fueled by recent GE Aerospace collaboration, new SiC MOSFETs, and AI data center focus

Wolfspeed, Inc. is trading at $57.38 (17.85% up) following a sharp run-up driven by several recent company-specific catalysts.

• The company's stock is gaining momentum from its new collaboration with GE Aerospace to co-develop high-voltage silicon carbide power modules, as well as the unveiling of its fifth-generation Silicon Carbide MOSFETs.
• Investor optimism is further boosted by Wolfspeed's new dedicated data center solutions team and Silicon Valley office, positioning the company to address AI infrastructure demand.