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Wolfspeed extends silicon carbide wafer supply agreement with power device maker
What happened
Wolfspeed has expanded a multi-year silicon carbide wafer supply agreement with a leading power device maker, now valued at approximately $225 million. The deal involves supplying 150mm bare and epitaxial SiC wafers, locking in long-term demand for a key advanced semiconductor material. Bullish: This significant, multi-year commitment signals sustained, high-volume demand for SiC wafers, supporting price stability and potentially tightening spot market availability.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
Silicon Carbide Wafers
Wolfspeed Inc
long-term-agreementdemand-commitmentSiC
Source and time
Source: Semiconductor Today · 12/15/2022 · View original source
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