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20.08.26 - 16:30
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Wolfspeed Sinks 12% on Wider-Than-Expected Loss, ON Semiconductor Slips as Chip Sector Holds Steady (24/7 Wall St.)
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Wolfspeed (NYSE:WOLF) stock is down 12% to $25.74 in Thursday morning trading after the silicon carbide chipmaker posted a fiscal Q4 2026 adjusted loss that came in far wider than analysts expected. Meanwhile, ON Semiconductor (NASDAQ:ON) stock is down 2% to $74.83, drifting lower with the tape rather than reacting to fresh company news. For ... Wolfspeed Sinks 12% on Wider-Than-Expected Loss, ON Semiconductor Slips as Chip Sector Holds Steady...
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