We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Technology Stocks : Cree Inc.
CREE 51.37+0.3%9:44 AM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: slacker7118/19/2019 2:38:12 PM
3 Recommendations

Recommended By
Bungalow Bill

   of 10032
Hopefully, the weakness today indicates that expectations are low for tomorrow. 5G appears to be accelerating its roll-out but it is tough to say what impact the Huawei ban will have. I assume that Cree will still be able to sell wafers to Infineon/On for 5G RF products but they will lose out on the possibility of direct sales.

Also, the auto sector has been very weak in China and that could have some impact on near-term demand for SiC power products but the timing of the future ramp of EV sales is the real question.

Regardless of the earnings tomorrow, the analyst meeting in September should be a key catalyst for the stock going forward.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext