🟢 Wolfspeed is trading 6.8% up today after announcing AI data-center power partnership with LITEON

Wolfspeed is trading 6.75% up at $27.04 after announcing a strategic partnership with LITEON Technology.

• Announced August 6, 2026, the collaboration involves Wolfspeed’s silicon-carbide MOSFETs for LITEON’s 800 VDC power platforms targeting hyperscale AI data centers.
• The sharp rebound also follows recent volatility and profit-taking on August 5.
• The move is company-led rather than primarily broad-market-driven, with semiconductor sentiment mixed during the August 6 session.