Wolfspeed evades stock market crash

by time news

Chips

Wolfspeed has specialized entirely in silicon carbide semiconductors – a very promising business.

(Foto: Bloomberg)

München It is an unparalleled drop in prices: 29 of the 30 most important semiconductor stocks listed in the USA have lost value, some massively, since the beginning of the year. The share price of Nvidia, by far the most valuable chip company in the world, has collapsed by more than half.

Only one small manufacturer – and one that is hardly known outside the industry – escapes the pull: Wolfspeed. As the only semiconductor manufacturer from the Philadelphia Semiconductor Index, SOX for short, the company from North Carolina is clearly in the black in the current year. The share price has risen by just under five percent. However, the SOX has fallen by more than a third over the same period.

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