$WOLF

WOLFSPEED, INC. (WOLF) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. wolfspeed-20260728 0000895419 false 0000895419 2026-07-28 2026-07-28 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Repor

Navitas Semiconductor (NVTS) shares fell about 11.7% on July 28, 2026, amid analyst downgrades and growth concerns. The article cites heavy losses and weak cash flow, while noting Q3 revenue guidance of $13.0M to $14.0M. It also highlights a patent infringement lawsuit by Wolfspeed targeting NVTS GaN and SiC products.

Markets swung as AI stocks tried to rebound and Nasdaq stayed under pressure. Micron rose 12.2% then fell 7% after the week’s selloff; Brent crude broke $100 then ended at $96.78, down 3.9%. Alphabet shares fell 7.1% after raising 2026 capex to $195–$205B. Tesla dropped 14.5%. 10-year yields eased to 4.68%.

Wolfspeed said it filed a patent infringement lawsuit in the U.S. District Court for Delaware against Navitas Semiconductor, alleging Navitas products infringe five Wolfspeed patents. Wolfspeed cited GaNFast, GaNSlim, GaNSafe GaN FETs, GeneSiC MOSFETs and SiCPAK modules. The case was filed after Wolfspeed said it has a foundational patent portfolio.

Navitas Semiconductor shares were up about 0.15% to $13.11 ahead of its Q2 2026 earnings on July 27. The stock has been volatile after a U.S. patent infringement lawsuit by Wolfspeed and after Navitas launched a $500 million at-the-market share program. Navitas reported 2025 revenue of about $45.92M and losses of about $116.95M.

The article highlights five U.S.-listed power semiconductor stocks tied to SiC and GaN electrification demand. It cites Wolfspeed (WOLF) exiting bankruptcy, ON Semiconductor (ON) AI data center revenue more than doubling YoY with Q1 FY26 revenue $1.513B, Power Integrations (POWI) industrial mix rising to 41%, Monolithic Power Systems (MPWR) Enterprise Data up 97.7% to $262.8M, and Navitas (NVTS) as an NVIDIA 800V power partner targeting a $3.5B market by 2030.

Wolfspeed (NYSE: WOLF) faces persistent cash burn and negative margins as short sellers target the stock. About 54% of available shares are sold short. In fiscal Q3 2026, revenue was $150M, gross margin -27%, adjusted EBITDA -$62M, and operating cash flow -$84M. It raised ~$476M via convertible notes and guided Q4 revenue $140M-$160M with negative gross margins.

Investing.com, citing Bloomberg exchange data, reports Wolfspeed Inc. options activity rose to 35,618 contracts by 10:11 a.m. ET on Friday. Calls totaled 25,433 and puts 10,185 as the stock fell 4.52% to $35.57. Key trades included Jan 15, 2027 $60 calls and July 17, 2026 $40 puts. Three-month volatility eased to 128.32%.

Wolfspeed said it filed a US patent infringement lawsuit in Delaware against Navitas Semiconductor, alleging Navitas products infringe multiple Wolfspeed patents, including U.S. Patent Nos. 8,169,005, 10,998,418, 10,886,396, 10,749,443, and 11,888,392. Wolfspeed cited GaNFast, GaNSlim, GaNSafe, GeneSiC MOSFETs and SiCPAK modules. Navitas disputes the claims and plans to defend itself.

Wall Street analysts discussed Wolfspeed (WOLF) amid concerns about cash burn. The company refinanced part of first-lien debt via a private placement raising about $476 million in convertible notes, stock, and warrants, cutting senior secured notes by about 43% and expected to reduce annual interest expense by about $62 million, according to van Issum. Long-term debt fell to about $1.7 billion. Analysts have a consensus “Moderate Sell” with an average $40 price target.