Wolfspeed is trading at $23.22, down 10.38%, amid renewed semiconductor-stock selling as investors question returns on debt-funded AI infrastructure spending.
- Higher borrowing costs and persistent inflation are adding pressure to technology shares.
- Reuters reported sector chip losses and AI-financing concerns on October 16.
- On October 15, Wolfspeed and Infineon expanded their multi-year silicon-carbide wafer agreement to include 200 mm wafers alongside existing supply; available coverage does not identify it as a cause of today’s decline.