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   Technology StocksCree Inc.


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To: slacker711 who wrote (10445)9/15/2021 2:25:18 PM
From: Lou Weed
   of 10478
 
Thx slacker - can you post the full transcript or do we need to register?

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To: Lou Weed who wrote (10446)9/15/2021 4:43:05 PM
From: slacker711
1 Recommendation   of 10478
 
It is well worth registering at the site. They have transcripts for almost every company presentation and conference call going back years.

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To: slacker711 who wrote (10447)9/15/2021 4:44:32 PM
From: slacker711
2 Recommendations   of 10478
 
Cree had a fab tour for analysts yesterday. They said today that they will schedule an investor day later in the year.


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From: slacker7119/16/2021 10:34:23 AM
3 Recommendations   of 10478
 
Cree | Wolfspeed To Transfer to the New York Stock Exchange and Trade Under New Ticker Symbol "WOLF"; To Host Investor Day in NYC on Wednesday, Nov. 17
Thu, September 16, 2021, 7:00 AM·3 min read

In this article:

CREE
+1.28%

Explore the topics mentioned in this article

DURHAM, N.C., September 16, 2021--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE), the global leader in Silicon Carbide technology through its Wolfspeed business, today announced that it will transfer the listing of its common stock to the New York Stock Exchange ("NYSE") from The Nasdaq Global Select Market. Cree expects to commence trading as a NYSE-listed company at market open on October 4, 2021 under the new ticker symbol ‘WOLF’. The Company will continue to trade its common stock on the Nasdaq until the close of the market on October 1, 2021. As previously announced, the Company will also change its corporate name from Cree, Inc. to Wolfspeed, Inc. effective October 4, 2021.

"We are pleased to join the NYSE, one of the world’s most prestigious trading platforms, as we continue on our transformational journey as a pure play global semiconductor powerhouse leading the industry transition from silicon to Silicon Carbide," said Gregg Lowe, Chief Executive Officer at Cree | Wolfspeed. "Importantly, our company name change to Wolfspeed capitalizes on our 30-year heritage of working with Silicon Carbide and underscores our ambitious plans to compete and win in the rapidly expanding marketplace, which we believe will continue to provide long-term value for our customers and shareholders."

"We are excited to welcome Cree | Wolfspeed as it transfers its listing to the NYSE," said John Tuttle, Vice Chairman and Chief Commercial Officer, NYSE Group. "We look forward to the company joining the NYSE’s community of icons and disruptors, and to supporting their efforts to lead the worldwide transition from silicon to Silicon Carbide."

Cree will host an Investor Day the morning of Wednesday, November 17, 2021 at the New York Stock Exchange in New York City. Cree | Wolfspeed CEO Gregg Lowe, CFO Neill Reynolds, and other members of the senior management team will discuss the Company’s progress on its transformation strategy and share more detail about its long-term outlook.

In-person attendance is limited to the investment community and registration is required. Institutional investors and financial analysts interested in attending should contact Cree’s investor relations team via the following email: investorrelations@cree.com. The event will be webcast live on the Investor Relations page of the Company website. Webcast details will be available on Cree’s website at investor.cree.com/events.cfm. A replay of the webcast and related presentation materials will be available on the website following the conclusion of the event.

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To: slacker711 who wrote (10449)9/17/2021 12:49:42 PM
From: Lou Weed
   of 10478
 
Cree downgrade......

seekingalpha.com

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From: Sam9/20/2021 6:11:40 PM
   of 10478
 
Cree mentioned on the second page of this article. Not that people here don't know most of what is said, lol.

Top ten tech trends for 2022
September 20, 2021 // By Peter Clarke

eenewseurope.com

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From: slacker7119/23/2021 12:22:14 PM
2 Recommendations   of 10478
 
Another KRW300bn to Be Invested in GaN Semiconductors
SK Inc. to Invest KRW700bn in SiC Semiconductor Wafers
By Jung Min-hee September 23, 2021, 14:04Share

businesskorea.co.kr

An SiC wafer for power semiconductors


SK Group will invest 700 billion won in the silicon carbide (SiC) semiconductor wafer business as part of its bid to become the No. 1 player in the world high-tech material market by 2025.


SK Inc., the group’s holding company, recently announced that it will invest 5.1 trillion won in high-tech materials by 2025. Of the total, 700 billion won will be invested in SiC wafers. The company plans to invest another 300 billion won in GaN power semiconductors.


SK Inc. expects its SiC wafer business to generate 30 billion won in sales in 2021, and plans to expand it to 500 billion won by 2025. At the moment, it does not make money in this business but aims to post 200 billion won in earnings before interest, taxes, depreciation and amortization (EBITDA) by 2025.

SiC wafers are an integral part of power semiconductors for electric vehicles, 5G network equipment and solar power generators. They are more resistant to high voltage and heat than silicon (Si) wafers and contribute to making semiconductor chips smaller.

SiC semiconductors can withstand voltages 10 times higher than other semiconductors and operate at 400 degrees Celsius, while Si semiconductors can withstand 175 degrees Celsius at most. Not only are they strong, but their size can be reduced to one-tenth that of Si semiconductors. SK Siltron's SiC wafers reduce power loss by 77 percent and lower weight and volume by 40 percent.

SK Inc. and SK Siltron are paying keen attention to the market of SiC power semiconductors for electric vehicles. In 2018, Tesla created the SiC power semiconductor market as it loaded ST Microelectronics' SiC power chips into its Model 3 for the first time in the automotive industry. Since then, more than 20 automakers have adopted SiC power semiconductors. SK Inc. predicted that the adoption rate of SiC semiconductors for electric vehicles will rise from the current 30 percent to more than 60 percent by 2025, with the SiC wafer market forecast to expand from US$218 million in 2021 to US$811 million by 2025.

SK Inc. plans to preemptively ramp up its production capacity for SiC wafers from 30,000 sheets in 2021 to 600,000 in 2025 to expand its global market share from 5 percent to 26 percent.

SK Group selected SiC wafers and power semiconductors as new growth drivers and has been making massive investment in them for years. SK Siltron entered the SiC wafer business in 2019 by acquiring the SiC wafer business division from DuPont of the United States for US$450 million. In January 2021, SK Inc. invested 26.8 billion won in Yes Power Technics, a Korean company that produces SiC power semiconductors, to take over a 33.6 percent stake in the company. In July, SK Siltron CSS, a U.S. subsidiary of SK Siltron, decided to invest US$300 million in Michigan to expand SiC wafer production facilities. When all facilities are completed and ready to go live, SK Siltron’s production capacity will sextuple. Including this investment of 700 billion won, SK Group invested at least 1.6 trillion won in SiC wafer technology and production alone.

Leading players are also continuing to make large-scale investments. Cree, the No. 1 company, has been building a 450,000-square-meter SiC wafer factory in the U.S. state of New York by investing US$1 billion since 2019. If the wafer factory starts its operations in 2022 as planned, Cree's SiC wafer production capacity will increase over 30-fold from 2017.

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To: slacker711 who wrote (10452)9/24/2021 9:14:42 AM
From: EvanG
1 Recommendation   of 10478
 
SK Inc posted a new investor presentation. SiC is mentioned throughout it.

sk-inc.com

Apparently they made an equity investment in YPTX this year.


Which they are partnering with to make SiC power chips.


Expecting 200mm in 2023.


This is the investment plan

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To: EvanG who wrote (10453)9/27/2021 8:14:07 PM
From: slacker711
   of 10478
 
OT.
Any thoughts on Aehr?

I can't find much on competitors offering full wafer level burn-in testing for SiC, though STM appears to be working with Technoprobe. Infineon has said that wafer testing is too expensive and I think Cree is doing sample testing.

Seems like there is a big opportunity if automotive clients require burn-in testing to avoid infant mortality of devices. However, Aehr is tiny and it seems unlikely that none of the established testing equipment companies have their own offerings.

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From: slacker7119/28/2021 9:01:05 AM
   of 10478
 
From yesterday.

Recommendations Cree price target lowered to $90 from $100 at Deutsche Bank 07:04 CREE, WOLF Deutsche Bank analyst Sidney Ho lowered the firm's price target on Cree to $90 from $100 and keeps a Hold rating on the shares. The analyst expects Cree at the November 17 capital markets day to express continued confidence on its silicon carbide power device pipeline. However, he still has concerns on the likelihood of the company achieving its 50%-54% non-GAAP gross margin goal for fiscal 2024. This requires "perfect execution" on the ramp-up of Mohawk Valley, Ho tells investors in a research note.

Read more at:
thefly.com

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