Wolfspeed Ditches EV Woes for High-Margin Defense Jets

Wolfspeed has pivoted away from struggling EV markets toward high-margin defense and aerospace applications through a strategic partnership with GE Aerospace. The company emerged from 2025 Chapter 11 restructuring with a strengthened balance sheet ($1.2B liquidity, $4.6B debt eliminated) and unveiled Gen 5 SiC MOSFET technology positioned for AI data centers and military applications, with production cycles beginning in 2027.