SI
SI
discoversearch

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.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cree Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (10423)8/27/2021 9:40:08 AM
From: EvanG  Read Replies (1) of 10478
 
They didn't break out how much of the >$100m in unfulfilled demand for the fiscal year was going to be left on the table for the current quarter. Presumably, that number will ramp through the fiscal year before the Mohawk ramp starts to be felt in the 2nd half of calendar '22.

It is very much a mystery to me why Wolfspeed revenue did what it did over the last 2.5 years. Yole is confused enough that they think Cree power device revenue was flat from 2019 to 2020. So how 2 quarters later it suddenly became capacity constrained doesn't make sense. Guessing it really isn't, they just don't want high expectations out of Durham.

Personally I hate watching fab startups, seems like they always take much longer than anticipated. Don't know if I have seen one of these take less than a year to be automotive certified but not sure when the process would have started.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext