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Wolfspeed Shares (WOLF) Drop 19% With 34% Break-Even Gap After AI Surge
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Wolfspeed Shares (WOLF) Drop 19% With 34% Break-Even Gap After AI Surge
DURHAM, North Carolina, August 23, 2026, 19:18 EDT Wolfspeed stock dropped 19.0% over the past week, ending Friday at $25.76. Revenue from AI data centers more than doubled in fiscal 2026, though the specific dollar figure has not been disclosed. The present quarter's revenue, when annualized, falls 34% short of management's projected gross-margin breakeven level.…
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