On August 4, Wolfspeed Inc. rose 8.01% in pre-market trading, trading at $26.3/share, with turnover of $2.6462 million, extending gains from the previous session.

On the news front, the silicon carbide industry continues to see multiple positive catalysts. The company previously signed a memorandum of understanding with GE Aerospace to support the adoption of high-voltage silicon carbide technology across industrial, aerospace, and defense markets. The two companies plan to develop standards for high-voltage SiC power modules and collaborate on the supply of Wolfspeed's 10-kilovolt silicon carbide MOSFET die for commercial use, targeting applications including solid-state transformers, industrial electrification systems, and aerospace and defense platforms.

At the industry level, multiple SiC manufacturers have disclosed first-half orders growing several times year-over-year, with sustained demand expansion providing fundamental support for the company. Additionally, the company appointed semiconductor veteran Andy W. Mattes to its board in late July, strengthening strategic governance capabilities.

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