I spent a blustery morning in Siler City, at a massive plant that, once finished, could really change the world. At least that's the take of Wolfspeed's top brass, people like CEO Gregg Lowe, who told the crowd that, in addition to meeting the next-generation #semiconductor demands of electric vehicle companies, the factory will also provide American jobs. Factories like this one are key toward U.S. competitiveness, politicians like President Joe Biden have said. Today, I got to take a peek at where the "crystal growth farms" are located. That's as a lot of the facility is shrouded in secrecy. I'm told even Biden wasn't allowed to look behind the curtain on his tour... https://lnkd.in/g4s9QBjG
Like to see quality 8’’ wafers from this facility by mid 2025 and ramp up in 2026 to complement 8’’ NY device Fab. Wolfspeed not able to excute what they say. But I am betting on their stock hoping they will deliver in 2025 and profitable.
👀 some Ryan Geotechnical Solutions Cellular Concrete in that photo 💪
We love the team at Wolfspeed and are so thrilled about their expansion!