Wolfspeed is trading at $25.65, down 10.22%, with its decline appearing to track broad semiconductor weakness amid concerns about Chinese competition, AI spending and valuation risks. - The sector pressure is reflected in SOXX, down 2.51%; no clear company-specific catalyst was identified. - The broader market is also weaker: the Nasdaq is down 0.91% as hotter-than-expected headline inflation revived rate concerns.