Insiders Are Buying This Potential M&A Target, Should You?

Valued at $1.4 billion by market cap, Wolfspeed Inc. (WOLF) is a bandgap semiconductor company that produces silicon carbide and GaN materials, silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide for RF, power, and other applications. Its products are used in diverse industries, such as 5G, electric vehicles (EV), aerospace and defense, and renewable energy and storage.

Founded in 1987, the North Carolina-based company was initially known as Cree before changing its name to Wolfspeed in 2021.