Sales in the semiconductor industry are surging thanks to the secular trends of artificial intelligence (AI) and electric vehicles (EVs). The semiconductor market is forecast to reach more than $600 billion...
Seemingly overnight, artificial intelligence became a major growth industry. The global AI market was valued at $93 billion in 2020, and now, it's expected to hit $244 billion in 2025.
A lot can happen in a year. Just look at semiconductor specialist Wolfspeed (NYSE: WOLF) . Last December, its stock reached a 52-week high of $47.43. Last month, the shares hit a low of $6.10.
In this video, Motley Fool contributor Jason Hall breaks down Wolfspeed (NYSE: WOLF), why its silicon carbide chips could be a massive success, and why it's also still very risky.
With big sell-offs today, Wolfspeed stock is now down 79% across 2024's trading.
Wolfspeed stock is getting a nice pop today, but its share price is still down roughly 76% in 2024.
Just be ready to ride out some inevitable turbulence along the way.
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This potential M&A target recently witnessed major insider activity from a number of individuals including the chair.
One of the most controversial industries right now is electric vehicles, with the industry's long-term growth opportunities running into a severe near-term slowdown. And within the EV supply chain, silicon...
Could Wolfspeed become one of the next hot meme stocks?