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Technology Stocks : Wolf speed
WOLF 6.180+4.9%Feb 14 9:30 AM EST

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To: slacker711 who wrote (10402)8/12/2021 7:29:49 PM
From: EvanG2 Recommendations

Recommended By
Lou Weed
slacker711

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IIVI plans on investing $1 billion into SiC over the next ten years. That covers both capex and R&D.

II-VI had a conference call today. Clarified that the $1B included $200-$250 million in OPEX (a good portion manufacturing engineering and design for manufacturability) with the remainder in CAPEX mainly in a 3 year intensity with some followup in remaining years.
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