🟢 Wolfspeed is trading 11.69% up today after announcing an AI data-center power partnership with LITEON

Wolfspeed is trading 11.69% up now at $28.14 after announcing a strategic partnership with LITEON Technology on August 6, 2026.

• The collaboration qualifies Wolfspeed’s silicon-carbide MOSFETs for LITEON’s 800 VDC power platforms aimed at hyperscale AI data centers, with potential expansion across cloud-service-provider deployments.
• Wolfspeed’s 200mm manufacturing platform supports scalable production and supply-chain resilience for AI infrastructure.
• A modestly positive broader market provides additional support, but the clearest catalyst is company-specific.