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Wolfspeed shares fell 12% due to larger-than-expected losses, while ON Semiconductor dropped 2% with the broader market.
Wolfspeed (NYSE:WOLF) reported an adjusted loss per share of $2.26 for the fourth quarter of fiscal year 2026, significantly exceeding analyst expectations, with a gross margin of negative 20%. ON Sem
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Wolfspeed shares fell 12% due to larger-than-expected losses, while ON Semiconductor dropped 2% with the broader market.
Wolfspeed (NYSE:WOLF) reported an adjusted loss per share of $2.26 for the fourth quarter of fiscal year 2026, significantly exceeding analyst expectations, with a gross margin of negative 20%. ON Sem
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