News

Shares of electric vehicle company Rivian (NASDAQ: RIVN) and EV-related power chipmakers Wolfspeed (NYSE: WOLF) and Navitas Semiconductor (NASDAQ: NVTS) were down on Wednesday, falling 5.7%, 15.2%

The rapid expansion of the artificial intelligence (AI) market is generating strong tailwinds for many chipmakers. Nvidia, the leading producer of high-end data center GPUs, has probably been the

Wolfspeed (NYSE: WOLF) stock is gaining ground in Monday's trading. The company's share price was up 4.1% as of 2:45 p.m. ET and had been up as much as 12.4% earlier in the daily session. Meanwhile

Shares of semiconductor company Wolfspeed (NYSE: WOLF) tumbled 30.5% last month, according to data provided by S&P Global Market Intelligence, as investors processed two bits of bad news for the

Wolfspeed (NYSE: WOLF) hasn't quite delivered on the power and speed its company name might suggest. Shares of the semiconductor and silicon carbide technologies innovator fell by a dramatic 85% in

The demand for faster connectivity in data centers has been increasing of late to support artificial intelligence (AI) workloads, and this demand has rubbed off positively on companies such as Ciena

Wolfspeed (NYSE: WOLF), the chipmaker formerly known as Cree, lost more than 90% of its value over the past three years. It was a hot stock during the peak of the meme stock rally in late 2021, but

The S&P 500 is in a raging bull market. It's up 26% in 2024, which followed a 26% gain in 2023. It hasn't delivered back-to-back annual gains that strong since 1997 and 1998 during the dot-com

Sales in the semiconductor industry are surging thanks to the secular trends of artificial intelligence (AI) and electric vehicles (EVs). The semiconductor market is forecast to reach more than $600

Seemingly overnight, artificial intelligence became a major growth industry. The global AI market was valued at $93 billion in 2020, and now, it's expected to hit $244 billion in 2025.

The AI boom

This has turned out to be a forgettable year for Qorvo (NASDAQ: QRVO) investors as shares of the chipmaker are down 38% as of this writing, which is in stark contrast to the 23% gains clocked by the

The S&P 500 is a broad index that tracks the share performance of 500 large and profitable American businesses. It is often used as a bellwether to gauge how the market is doing.

A key way to gain

A lot can happen in a year. Just look at semiconductor specialist Wolfspeed (NYSE: WOLF). Last December, its stock reached a 52-week high of $47.43. Last month, the shares hit a low of $6.10.

During