Wolfspeed, Inc. (WOLF) Eyes Growth Opportunities with 200mm SiC

Wolfspeed, Inc. (NYSE:WOLF) is one of the best AI stocks to buy under $5. On September 10, the company announced the commercial release of its 200mm silicon carbide SiC material product to select customers.

The 200mm wafer diameter is a significant milestone in the company’s push to transition the industry from silicon to silicon carbide technology. The new wafers feature improved parametric specifications at 350µm thickness with enhanced doping and thickness uniformity. The enhancements are designed to enable higher MOSFET yields and accelerate time to market.

The launch of the 200mm silicon carbide material positions the company to capitalize on the growing use of SiC in automotive, renewable energy, and industrial applications due to its superior efficiency and performance.

“By delivering quality at scale, Wolfspeed is enabling power electronics manufacturers to meet growing demand for higher-performing, more efficient silicon carbide solutions.” said Dr. Cengiz Balkas, Chief Business Officer.

Wolfspeed, Inc. (NYSE:WOLF) enables the Artificial Intelligence (AI) industry by manufacturing silicon carbide (SiC) semiconductors that power and cool the massive data centers and servers that run AI applications. Its high-performance SiC chips are used in the power supply units (PSUs) of AI servers, offering superior energy efficiency, higher voltage, and temperature tolerance.

While we acknowledge the potential of WOLF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.