Wolfspeed Shares Rise on Introduction of New Power Modules for AI Data Centers

Dow Jones

May 22

By Elias Schisgall

Shares of Wolfspeed rose after the company introduced two new power module families to help meet the energy needs of artificial intelligence data-center builders.

Shares rose 17% to $68.38 in midday Thursday trading. The stock has nearly quadrupled in value this year.

The semiconductor company said that the two families of 3.3 kV silicon carbide power modules, which include both high-power half-bridge baseplate modules and scalable full-bridge baseplate-less modules, are purpose built for AI data centers.

"The release of this 3.3 kV MOSFET voltage node in two complementary footprints was a strategic decision," Guy Moxey, vice president of the company's Industrial & Energy business, said.

"We understand the urgency our customers are facing to scale power infrastructure, and these two families enable both established grid-scale players and emerging players with modular architectures to move quickly."

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

May 21, 2026 12:08 ET (16:08 GMT)

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The stock has nearly quadrupled in value this year. \n\n\n  The semiconductor company said that the two families of 3.3 kV silicon carbide power modules, which include both high-power half-bridge baseplate modules and scalable full-bridge baseplate-less modules, are purpose built for AI data centers. \n\n\n  \"The release of this 3.3 kV MOSFET voltage node in two complementary footprints was a strategic decision,\" Guy Moxey, vice president of the company's Industrial & Energy business, said. \n\n\n  \"We understand the urgency our customers are facing to scale power infrastructure, and these two families enable both established grid-scale players and emerging players with modular architectures to move quickly.\" \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 21, 2026 12:08 ET (16:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}