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Wolfspeed’s soft demand for EV application offset by 50% quarterly revenue growth for AI data-center application

What happened

Wolfspeed reported Q2 FY2026 revenue of $168M, down 14.6% QoQ and 6.9% YoY, reflecting continued softness in EV demand. However, the company highlighted a 50% quarterly revenue surge for its SiC products in AI data-center applications. Watch: Mixed signals with bearish pressure from EV weakness potentially offset by bullish demand from AI infrastructure.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

SiC WafersSiC Power Devices

Wolfspeed Inc

earningsdemand-shiftaiev

Source and time

Source: Semiconductor Today · 2/16/2026 · View original source

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Wolfspeed’s soft demand for EV application offset by 50% quarterly revenue growth for AI data-center application

What happened

Impact and signal

Affected components and suppliers

Source and time

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