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Press release August 19, 2026

Wolfspeed Reports Financial Results for the Fourth Quarter of Fiscal 2026

Wolfspeed, Inc. (WOLF)

Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the fourth quarter of fiscal 2026. Business Highlights AI data center revenue more than doubled year-over-year in fiscal 2026 and increased approximately 20% sequentially in the fourth quarter, demonstrating the long-term potential of this moderate but growing opportunity. Launched fifth-generation SiC MOSFET, representing a significant advancement in the Company's technology roadmap. 10kV MOSFET named “Top Innovation” at the 2026 Power Conversion and Intelligent Motion conference and announced Memorandum of Understanding with GE Aerospace. Launched a dedicated data center solutions team, based in Silicon Valley, to capitalize on and supplement growth in our fastest growing end market and a strategic collaboration with LITEON Technology. Appointed Andy Mattes, experienced public technology company executive, to the Board of Directors. Quarterly Financial Highlights Consolidated revenue of approximately $150 million, aligned
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