On July 30, Wolfspeed Inc. rose 8.67% in regular trading, trading at $22.26 per share, with turnover of $33.15 million.

On the news front, the semiconductor sector staged a strong collective rebound following the prior session's broad sell-off, while Wolfspeed also benefited from the announcement of a new board appointment. On July 29, the company appointed Andy W. Mattes, a veteran executive in the semiconductor and technology sectors, to its board of directors, aiming to inject forward-looking strategic vision and support the long-term development of its silicon carbide power semiconductor business.

Across the broader semiconductor sector, major names rallied significantly: SK hynix rose 13.74%, Advanced Micro Devices gained 13.67%, Micron Technology climbed 13.3%, and Intel advanced 12.59%. Wolfspeed had declined 8.4% on July 28 alongside the sector-wide pullback and recovered in tandem with the industry-wide rebound.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)