Wolfspeed SiC device factory performs well

Wolfspeed's third-quarter financial report for fiscal year 2025 shows that its 8-inch SiC device plant, the Mohawk Valley plant, contributed $78 million in revenue in the quarter, a 50% increase from the previous quarter and more than 175% from the previous year. In addition, Wolfspeed's 8-inch SiC material plant, The JP, has also made steady progress and is expected to obtain a formal occupancy permit in June this year.