On May 26, Wolfspeed rose 13.05% in regular trading, trading at $79.39/share, with trading volume of approximately $67.30 million.

On the news front, research firm Citrini Research published a report designating Wolfspeed as a top pick within the AI infrastructure sector, emphasizing the company's irreplaceable market position in silicon carbide high-voltage applications. The bullish sentiment has continued to build as the company's AI data center application business achieved approximately 30% quarter-over-quarter growth. The market's valuation framework for the SiC industry is shifting from electric vehicles toward AI computing high-voltage infrastructure, providing multiple tailwinds.

Additionally, SEC filings revealed that Citigroup increased its holdings by approximately 1.0119 million shares, raising its stake to 6.77%, while Slate Path Capital's position rose to 9.99%, signaling clear institutional accumulation. These catalysts collectively drove the stock's continued strong rebound momentum.

(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.)