Wolfspeed is trading 15.15% up now at $32.23 after announcing a strategic partnership with LITEON Technology on August 6, 2026.
- LITEON qualified Wolfspeed’s silicon-carbide MOSFETs for 800 VDC power sidecar and compute-rack platforms targeting hyperscale AI data centers, with potential expansion across cloud-service-provider deployments.
- The companies highlighted Wolfspeed’s 200mm manufacturing platform for scalable AI-infrastructure production.
- The announcement follows a 9.53% gain on August 6, extending a volatile multi-session rally.