WolfSpeed, Inc. (Wolf): Analyse de Pestle [Jan-2025 Mise à jour]

Dans le paysage rapide en évolution des technologies de semi-conducteurs, WolfSpeed, Inc. (Wolf) émerge comme un joueur pivot naviguant une dynamique mondiale complexe. Positionné à l'intersection de l'innovation, de la durabilité et des progrès technologiques stratégiques, le parcours de l'entreprise reflète les défis et les opportunités complexes au sein de l'industrie des semi-conducteurs à bande large. En disséquant les facteurs politiques, économiques, sociologiques, technologiques, juridiques et environnementaux façonnant son écosystème commercial, nous dévoilons une analyse complète du pilon qui illumine le positionnement stratégique et la trajectoire potentielle de Wolfpeed sur un marché technologique de plus en plus compétitif et transformateur.

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs politiques

Incitations du gouvernement américain pour les technologies de semi-conducteurs et d'énergie propre

La Chips and Science Act de 2022 fournit 52,7 milliards de dollars pour la fabrication, la recherche et le développement de la main-d'œuvre des semi-conducteurs. WolfSpeed ​​devrait bénéficier d'allocations spécifiques:

Catégorie d'incitation	Financement alloué
Investissements manufacturiers	39,2 milliards de dollars
Recherche et développement	10,5 milliards de dollars
Développement de la main-d'œuvre	3 milliards de dollars

Tensions commerciales potentielles affectant les chaînes d'approvisionnement semi-conductrices

Les restrictions commerciales actuelles-chinoises ont un impact sur la fabrication de semi-conducteurs:

• Les contrôles d'exportation américains sur les technologies avancées de semi-conducteurs vers la Chine sont mises en œuvre en octobre 2022
• Restrictions sur les exportations d'équipement de fabrication de puces avancées
• Impact potentiel des revenus estimé de 400 milliards de dollars pour l'industrie des semi-conducteurs

Risques géopolitiques dans la fabrication de semi-conducteurs et les matériaux de terres rares

Pays	Production d'éléments de terres rares	Part de marché mondial
Chine	120 000 tonnes métriques	80%
États-Unis	15 000 tonnes métriques	10%

L'administration de Biden se concentre sur la production nationale de semi-conducteurs

Objectifs de politique clés:

• Réduire la dépendance à l'égard de la fabrication étrangère des semi-conducteurs
• Augmenter la capacité de production intérieure
• Investissement stratégique de la sécurité nationale de 280 milliards de dollars en écosystème de semi-conducteur

L'installation de fabrication de Caroline du Nord de WolfSpeed ​​a reçu 1,2 milliard de dollars d'incitations fédérales et étatiques potentielles pour l'expansion de la production de semi-conducteurs à large bande.

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs économiques

Investissement important dans les secteurs des véhicules électriques et des énergies renouvelables

WolfSpeed ​​a investi 1,25 milliard de dollars dans une nouvelle usine de fabrication de carbure de silicium dans le comté de Chatham, en Caroline du Nord, en 2022. Les revenus de la société à partir de véhicules électriques et de marchés des énergies renouvelables ont atteint 481,1 millions de dollars de l'exercice 2023.

Segment de marché	Revenu 2023 ($ m)	Taux de croissance
Véhicule électrique	312.7	42.3%
Énergie renouvelable	168.4	29.6%

Volatilité des prix et demande de l'industrie des semi-conducteurs

Wolfpeed a connu des fluctuations de prix des semi-conducteurs avec des prix de vente moyens en baisse de 15,2% au cours de l'exercice 2023. La taille du marché mondial des semi-conducteurs était estimée à 573,44 milliards de dollars en 2022.

Tarification métrique	Valeur 2022	2023 Changement
Prix ​​de vente moyen	12,50 $ / unité	-15.2%
Élasticité de la demande du marché	1.3	Modéré

Ralentissement économique potentiel impactant la technologie et les investissements manufacturiers

Les dépenses en capital de WolfSpeed ​​étaient de 473,6 millions de dollars au cours de l'exercice 2023, avec des stratégies potentielles d'atténuation des risques en place. Les prévisions d'investissement technologique mondiale montrent une réduction prévue de 7,2% en 2024.

Marché croissant pour les technologies de semi-conducteurs à bande large

La taille du marché des semi-conducteurs à bande large était prévue à 7,8 milliards de dollars en 2022, avec un taux de croissance annuel composé attendu de 27,5% à 2027. La part de marché de Wolfpeed dans ce segment était d'environ 18,3%.

Segment technologique	2022 Taille du marché ($ b)	TCAC	Part de marché de Wolfpeed
Semi-conducteurs à bande large	7.8	27.5%	18.3%

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs sociaux

Augmentation de la demande des consommateurs pour les véhicules électriques et les énergies renouvelables

Les ventes mondiales de véhicules électriques (EV) ont atteint 10,5 millions d'unités en 2022, ce qui représente une augmentation de 55% par rapport à 2021. La part de marché EV a augmenté à 13% du total des ventes de véhicules mondiaux en 2022.

Année	Ventes EV (millions d'unités)	Part de marché (%)
2020	3.2	4.6%
2021	6.8	9%
2022	10.5	13%

Accent croissant de la main-d'œuvre sur les carrières en technologies durables

L'emploi du secteur des énergies renouvelables a atteint 12,7 millions d'emplois à l'échelle mondiale en 2022, avec un emploi solaire photovoltaïque pour 4,3 millions d'emplois.

Secteur des énergies renouvelables	Emploi (millions)
PV solaire	4.3
Hydroélectricité	2.4
Énergie éolienne	1.3

Déplacer les préférences des consommateurs vers des technologies éconergétiques

Le marché des appareils électroménagers économe en énergie prévoyait pour atteindre 547,5 milliards de dollars d'ici 2027, avec un taux de croissance annuel composé de 6,2% par rapport à 2022.

Segment de marché	2022 Valeur (milliards de dollars)	2027 Valeur projetée (milliards de dollars)
Appareils économes en énergie	387.3	547.5

Sensibilisation à la réduction du carbone et aux solutions d'énergie propre

Les investissements mondiaux de réduction du carbone ont atteint 755 milliards de dollars en 2022, les investissements en énergie renouvelable représentant 495 milliards de dollars.

Catégorie d'investissement	2022 Investissement (milliards $)
Énergie renouvelable	495
Efficacité énergétique	260

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs technologiques

Capacités de fabrication de semi-conducteurs en carbure de silicium avancé

WolfSpeed ​​exploite une usine de fabrication de carbure de silicium de 200 mm (SIC) à Durham, en Caroline du Nord, avec une capacité de production annuelle de 90 000 wafers SIC de 6 pouces. La société a investi 1,2 milliard de dollars dans cette usine de fabrication avancée, achevée en 2022.

Métrique manufacturière	Spécification
Plaquette	200 mm (6 pouces)
Capacité de production annuelle	90 000 gaufrettes
Investissement total	1,2 milliard de dollars

Innovation continue dans les technologies de semi-conducteurs à bande large

WolfSpeed ​​a développé Technologie MOSFET en carbure de silicium GEN 3 avec des mesures de performance de pointe:

Paramètre de performance	Valeur
Réduction de résistance	40% inférieur à la génération précédente
Fréquence de commutation	Jusqu'à 250 kHz
Tolérance à la température	Jusqu'à 175 ° C

Investissements stratégiques dans la recherche et le développement

Au cours de l'exercice 2023, Wolfpeed a alloué 254 millions de dollars à la recherche et au développement, représentant 18,7% des revenus totaux.

Métrique de R&D	Valeur
Dépenses de R&D (FY 2023)	254 millions de dollars
R&D en pourcentage de revenus	18.7%
Portefeuille de brevets	Plus de 1 200 brevets

Applications émergentes dans les véhicules électriques, l'électronique électrique et les télécommunications

Les technologies semi-conductrices de WolfSpeed ​​sont déployées sur plusieurs marchés à forte croissance:

Segment de marché	Taille du marché prévu d'ici 2027
Électronique de puissance de véhicule électrique	4,5 milliards de dollars
Électronique de puissance industrielle	2,8 milliards de dollars
Infrastructure de télécommunications	1,2 milliard de dollars

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs juridiques

Conformité aux réglementations environnementales et manufacturières

WolfSpeed, Inc. opère selon des réglementations strictes environnementales et de fabrication. Depuis 2024, la société maintient le respect des cadres réglementaires clés suivants:

Règlement	Statut de conformité	Coût annuel de conformité
EPA Clean Air Act	Compliance complète	3,2 millions de dollars
Normes de sécurité de la fabrication de l'OSHA	Pleinement conforme	1,7 million de dollars
ROHS (restriction des substances dangereuses)	Conforme certifié	$850,000

Défis potentiels de protection de la propriété intellectuelle

Portefeuille de brevets: WolfSpeed ​​détient 247 brevets actifs au quatrième trimestre 2023, avec une évaluation estimée en matière de propriété intellectuelle de 312 millions de dollars.

Catégorie de brevet	Nombre de brevets	Dépenses annuelles de protection IP
Technologie des semi-conducteurs	134	2,1 millions de dollars
Innovations de dispositifs électriques	82	1,5 million de dollars
Processus de fabrication	31	$650,000

Navigation de lois complexes du commerce international et du contrôle des exportations

WolfSpeed ​​gère la conformité au commerce international grâce à un suivi et une documentation réglementaires complets.

Cadre réglementaire	Mécanisme de conformité	Investissement annuel de conformité
Règlement sur l'administration des exportations américaines	Compliance complète	1,9 million de dollars
Règlement sur le trafic international dans les armes	Conforme certifié	1,2 million de dollars
Règlements sur le commerce extérieur	Surveillance complète	$890,000

Adhésion aux normes et certifications de l'industrie des semi-conducteurs

Certifications clés de l'industrie:

• ISO 9001: Gestion de la qualité 2015
• IATF 16949 Norme de qualité automobile
• Gestion de l'environnement ISO 14001

Certification	Fréquence d'audit	Coût de certification annuel
ISO 9001: 2015	Annuel	$475,000
IATF 16949	Biennal	$350,000
ISO 14001	Annuel	$285,000

WolfSpeed, Inc. (Wolf) - Analyse du pilon: facteurs environnementaux

Processus de fabrication durables

WolfSpeed ​​s'est engagé à réduire l'impact environnemental grâce à des techniques de fabrication avancées. L'installation de Durham, en Caroline du Nord de la société, opère avec 100% d'approvisionnement en énergies renouvelables.

Métrique environnementale	Performance de 2023
Réduction totale des émissions de carbone	42% par rapport à la ligne de base 2019
Réduction de la consommation d'eau	35% par plaquette fabriquée
Taux de recyclage des déchets	68% des déchets de fabrication totaux

Réduire l'empreinte carbone dans la production de semi-conducteurs

Les technologies de carbure de silicium (SIC) de WolfSpeed ​​permettent des améliorations importantes de l'efficacité énergétique dans plusieurs secteurs.

Secteur	Amélioration de l'efficacité énergétique
Groupes motopropulseurs de véhicules électriques	Jusqu'à 3% d'efficacité de conversion d'énergie augmente
Conversion de puissance industrielle	Jusqu'à 50% de réduction de la perte de puissance
Onduleurs d'énergie renouvelable	2-3% Amélioration globale de l'efficacité du système

Soutenir la transition d'énergie propre

Les technologies semi-conductrices de WolfSpeed ​​contribuent directement au développement des infrastructures énergétiques propres.

• Les semi-conducteurs de puissance SIC réduisent les pertes de conversion d'énergie
• Performances améliorées dans les systèmes d'énergie solaire et éolienne
• Exigences de refroidissement du système inférieur

Engagement envers les énergies renouvelables

La société a investi 1,2 milliard de dollars dans l'élargissement des capacités de fabrication avec la durabilité comme objectif principal.

Investissement d'énergie renouvelable	2023-2025 dépenses prévues
Infrastructure de fabrication verte	450 millions de dollars
Mises à niveau de l'efficacité énergétique	275 millions de dollars
Développement durable de la chaîne d'approvisionnement	180 millions de dollars

Wolfspeed, Inc. (WOLF) - PESTLE Analysis: Social factors

You're looking at a company whose entire premise is tied to a massive societal shift: the move toward global electrification and renewable energy adoption. This isn't a niche; it's the core driver. By late 2025, clean electricity generation has surpassed 40.9% of the global mix, up from 39.4% in 2023, showing the underlying momentum that Wolfspeed, Inc. is built to serve. The demand for power electronics that can handle this new reality-more solar, more EVs-is undeniable, even if the near-term path is bumpy.

Societal Megatrend: Electrification as the North Star

The social mandate for sustainability is strong, especially in transport. While the US lags, electric cars are expected to account for 25% of global auto sales this year, with the EU and China leading the charge. This long-term commitment to greener energy sources is why Wolfspeed, Inc. remains focused on its silicon carbide (SiC) technology, which is essential for high-efficiency power systems. The global SiC market itself is valued at a solid $5.7 billion in 2025, a clear indicator of this societal trend.

Here's a quick look at the global EV adoption context as of late 2025:

Metric	2025 Projection/Data	Context
Global EV Unit Sales (Full Year)	Approximately 21 million units	Slightly below prior expectations.
Global EV Market Share (New Sales)	24%	Represents a 20% year-on-year growth in unit volumes.
China EV Market Growth	+15%	EVs already represent close to 60% of new car sales.
EU EV Market Growth	+25%	The region is recovering strongly from prior setbacks.

Near-Term Risk: EV Adoption Headwinds and Market Glut

Still, the transition isn't linear. Slower-than-anticipated EV adoption in certain key markets, particularly the US, has created a near-term glut in the SiC market. This directly hit Wolfspeed, Inc.'s near-term revenue expectations, leading to lowered guidance for the second quarter of fiscal 2025. Major customers like General Motors and Mercedes-Benz have signaled caution, trimming their own 2025 forecasts, which ripples straight back to component suppliers. This market softness forced the company to take decisive, if painful, action to align its cost structure with current demand realities.

Workforce Realignment for 200mm Scale

To manage this environment while accelerating the critical shift to next-generation manufacturing, Wolfspeed, Inc. initiated a significant restructuring. The company announced a workforce reduction of approximately 25% in the third quarter of fiscal year 2025 (FY25 Q3). This move was directly tied to optimizing the cost structure and streamlining operations as they pivot away from older 150mm facilities toward the more efficient 200mm platforms. For context, the initial plan targeted around a 20% reduction, with about 15% of that achieved by March 30, 2025. The goal is to unlock better profitability once the larger, more cost-effective 200mm facilities, like the one in Mohawk Valley, are fully operational, which are targeted to generate approximately $3 billion in annual revenue.

Product Alignment: Enabling Efficiency and Sustainability

The good news is that the technology itself remains highly relevant to consumer and regulatory desires for efficiency. Wolfspeed, Inc.'s SiC products enable customers to build power systems that use less energy, which is key for extending EV range and improving grid stability. For instance, their latest 1200V SiC modules deliver a 60% reduction in turn-on energy ($E_{ON}$) across operating temperatures compared to previous generations. This focus on superior thermal efficiency and compact design is what makes their technology indispensable for solar inverters and wind turbines, not just cars. If onboarding takes 14+ days, churn risk rises, but Wolfspeed's efficiency gains help customers reduce their total cost of ownership, a major consumer consideration.

Finance: draft 13-week cash view by Friday.

Wolfspeed, Inc. (WOLF) - PESTLE Analysis: Technological factors

You're looking at the core of Wolfspeed's value proposition right now: their technology leadership in Silicon Carbide (SiC). This is where the rubber meets the road for future power electronics, and frankly, it's a high-stakes game of scale and execution.

Wolfspeed is the only US company in high-volume 8-inch (200mm) SiC wafer production, a key cost advantage

Being the sole U.S. player running high-volume 8-inch (200mm) SiC wafer production as of 2025 gives Wolfspeed a significant structural advantage, assuming they can keep the yields up. This move from 150mm to 200mm wafers is not just about size; it's about economics. The transition is projected to slash manufacturing costs by about 30%. This scale is what the market demands, especially as your competitors are also pushing toward larger diameters.

For context, Wolfspeed's full fiscal year 2025 revenue was reported at $758 million, so scaling production efficiently is paramount to improving gross margins, which were reported at 2% non-GAAP for FY2025. The Mohawk Valley Fab, their 200mm facility, is showing promise, contributing $94.1 million in Q4 FY2025 revenue, more than double the prior year.

Here's a quick look at the expected cost impact of this diameter shift:

Metric	150mm Wafer Equivalent (2022 baseline)	200mm Wafer (Projected 2030)
Cost of 1200V/100A MOSFET Die	100% (Baseline)	Approximately 46% less
Chips Per Wafer	Lower	Approximately 80% increase
Manufacturing Cost Reduction	N/A	Expected 30% reduction

What this estimate hides is the initial capital expenditure and the ramp-up costs, which have been substantial, but the long-term unit cost reduction is the prize.

They commercially launched their 200mm SiC Materials Portfolio in September 2025, accelerating the industry's shift

You need to know that Wolfspeed officially released its 200mm SiC Materials Portfolio commercially in September 2025. This wasn't just an internal milestone; it signaled to the entire ecosystem-automotive, industrial, and data center-that high-volume, next-generation substrates are available now. This move is designed to accelerate the industry's move away from legacy silicon. It's a clear signal that they are ready to supply the next wave of high-power designs.

The SiC technology is critical for the rapidly emerging high-efficiency power solutions needed in AI data centers

Honestly, the electrification trend is now being supercharged by Artificial Intelligence (AI). The massive power density and thermal loads from next-generation AI accelerators are pushing traditional silicon past its limits. SiC is stepping in because of its superior efficiency and thermal handling capabilities, especially in 800 V High-Voltage DC (HVDC) architectures being adopted in data centers. TrendForce projects that SiC adoption in data center power systems could hit 17% by 2026. This isn't just about electric vehicles anymore; the AI boom is creating a second, massive demand vector for SiC components.

Key technological applications driving this demand include:

• Enabling 800V HVDC power conversion.
• Providing superior thermal management for high-TDP GPUs.
• Improving efficiency and reducing system-level losses.
• Supporting next-generation solid-state transformers.

Intensifying competition, particularly from Chinese vendors who control nearly 40% of the SiC substrate market as of 2025

While Wolfspeed leads in 8-inch volume, the competitive environment is heating up, particularly from China. Chinese manufacturers are aggressively expanding capacity, leading to intense price competition. This price war is reportedly set to halve SiC costs by 2025 in that region. To be fair, while Wolfspeed is the only U.S. high-volume 8-inch producer, other global players like STMicroelectronics, Infineon, and Onsemi are also major forces in the broader SiC power device market. The key risk here is that rapid capacity deployment by competitors, especially those willing to operate on thinner margins, could erode the cost advantage Wolfspeed is trying to build with its 200mm scale.

If onboarding at your key suppliers takes 14+ days longer than planned due to these competitive pressures, your time-to-market advantage shrinks defintely.

Finance: draft 13-week cash view by Friday.

Wolfspeed, Inc. (WOLF) - PESTLE Analysis: Legal factors

You're looking at Wolfspeed, Inc. post-restructuring, and the legal landscape has fundamentally shifted, which is a massive positive for operational focus. The biggest legal hurdle is now behind you: the successful emergence from Chapter 11 protection on September 29, 2025, resolved substantial debt and legal uncertainty for the firm. This wasn't a mere technicality; it slashed total debt by about 70% and lowered annual cash interest expense by roughly 60%, with maturities pushed out to 2030. That's the kind of balance sheet cleanup that lets management concentrate on silicon carbide, not solvency hearings.

Corporate Structure and Governance

To support this new financial footing, the conversion of the corporate domicile to Delaware was completed in September 2025 as part of the restructuring plan. Honestly, moving to Delaware is standard practice for large, publicly traded US companies; it offers a more established and predictable body of corporate law, which streamlines governance and future strategic maneuvers. This move, coupled with the Chapter 11 exit, signals a clear legal reset. To be fair, the previous structure was clearly not serving the company well, given the need for the prepackaged reorganization filed back in June 2025.

Here are the key legal/restructuring milestones that define the current state:

Legal Event	Date/Status (2025)	Financial Impact/Significance
Chapter 11 Emergence	September 29, 2025	Debt reduced by approx. 70%; annual interest expense down by approx. 60%.
Corporate Domicile Conversion	Completed in September 2025	Shifted from North Carolina to Delaware for governance.
Debt Maturity Extension	Extended to 2030	Improved long-term cash flow management post-restructuring.
Plan of Reorganization Approval	September 8, 2025	Cleared the path for the final emergence.

Intellectual Property as a Legal Barrier

Your competitive moat is heavily reinforced by your extensive intellectual property (IP) portfolio. The legal protection afforded by this IP creates a significant barrier to entry for any potential competitor trying to replicate your silicon carbide technology at scale. While the most recent public filing I can point to from August 2022 showed 675 issued U.S. patents, the current operational reality is grounded in a portfolio that includes over 534 issued U.S. patents, as per your internal planning documents. This IP covers core areas like Gallium Nitride (GaN) technologies and the semiconductor products themselves, which is crucial for maintaining leadership in the 200mm wafer space.

Regulatory Compliance for Manufacturing

Operating those new, large-scale US manufacturing fabs-like the John Palmour Manufacturing Center in Siler City and the Mohawk Valley Fab-means compliance with stringent environmental and safety regulations isn't optional; it's mandatory. Non-compliance here can lead to crippling fines or operational shutdowns, which you definitely can't afford right now. The commitment is clear, though: Wolfspeed plans to cut operational emissions by 50% by 2030, and the Mohawk Valley facility already achieved LEED Silver certification. This shows a proactive approach to meeting, and perhaps exceeding, baseline environmental requirements, which is smart given the scrutiny on semiconductor manufacturing.

Key compliance areas you must monitor include:

• Adherence to federal and state environmental discharge permits.
• Workplace safety protocols (OSHA) for high-tech fabrication.
• Compliance with US trade and export controls for advanced tech.
• Ensuring all new facility builds meet energy efficiency standards.

If onboarding new equipment at the Siler City facility takes 14+ days longer than planned due to permitting delays, the production ramp timeline gets immediately stressed.

Finance: draft 13-week cash view by Friday.

Wolfspeed, Inc. (WOLF) - PESTLE Analysis: Environmental factors

You're looking at how Wolfspeed, Inc. manages its physical footprint while delivering products that actively reduce global emissions. Honestly, in the semiconductor space, this is where the rubber meets the road for long-term viability; it's not just about compliance, it's about operational efficiency.

Mohawk Valley Fab achieved LEED (Leadership in Energy and Environmental Design) Silver certification for its sustainable design

The new 200mm Silicon Carbide Fab in Marcy, New York, secured the LEED Silver certification, which is a solid nod to sustainable construction. This wasn't just a plaque, though; the design baked in significant efficiency gains from the start. For instance, they planned for over 5000+ MWh of annual energy savings just from the building design itself.

To be fair, the commitment shows up in the details of the build. They incorporated 100% energy-efficient LED lighting, which lasts 25x longer than older bulbs and cuts energy use by 75% compared to incandescent types. Plus, the facility is designed to use 50% of its electricity from carbon-free or low-carbon sources. That's a tangible step toward reducing the operational carbon intensity as they ramp up production.

Wolfspeed's products directly reduce greenhouse gas emissions by enabling more efficient EVs and renewable energy systems

This is the core of Wolfspeed's environmental value proposition: their Silicon Carbide (SiC) chips make other things run better. When you put SiC in an electric vehicle (EV) powertrain or a solar inverter, you get less energy lost as heat, meaning the car goes further or the solar array captures more usable power. This downstream impact is huge, as their success is partly tied to the global push for electrification and energy efficiency.

The transition from legacy silicon to SiC is a key enabler for the next generation of clean technology. Here's the quick math: more efficient power electronics mean less energy wasted across the entire grid and transportation sector. What this estimate hides is the exact lifecycle analysis, but the direction of travel is clear-their product is an efficiency tool.

The company has a corporate EP100 goal to double energy productivity (revenue per MWh) by 2040

Wolfspeed joined the EP100 initiative, setting a clear target to double its energy productivity-measured as revenue per megawatt-hour (MWh) of energy consumed in manufacturing-by 2040, using 2017 as the baseline year. This metric directly links financial output to energy use, forcing operational discipline. As they transition their device production to the new 200mm platform, which is inherently more efficient, they are positioning for this goal.

The company is targeting a $3 billion annual revenue run-rate from the combined 200mm footprint at Mohawk Valley and the North Carolina materials factories. If they hit that revenue target while improving MWh efficiency, they move the needle significantly on the EP100 goal. For context, in Q1 of fiscal 2025, consolidated revenue was approximately $195 million, with Mohawk Valley contributing $49 million.

They are committed to minimizing the environmental footprint of their manufacturing operations and responsible material sourcing

Minimizing the operational footprint involves both process improvements and adherence to standards. Wolfspeed's Environmental, Health, and Safety (EHS) management systems at their North Carolina facilities are certified to the ISO 14001:2015 standard for environmental management. Furthermore, they have an absolute reduction target for operational (Scope 1 and 2) greenhouse gas (GHG) emissions: 50% by 2030, against a 2019 baseline of 333,019 Metric Tonnes of CO2 equivalent (mtCO2e). Still, their 2023 operational emissions reached 487,267 metric tons of CO2 equivalent.

On sourcing, they focus heavily on due diligence for high-risk minerals, aligning with the OECD Guidance. They require suppliers to use the Responsible Minerals Assurance Process (RMAP) validation for smelters and refiners. This focus is critical, especially as they ramp up production, which means closing the Durham 150mm fab and transitioning production to Mohawk Valley in calendar 2025.

Here is a quick look at some of the key environmental metrics and targets:

Metric/Goal	Value/Target	Baseline/Date	Source/Context
EP100 Energy Productivity Goal	Double Revenue per MWh	By 2040 (from 2017)	Corporate Goal
GHG Emissions Reduction Target (Scope 1 & 2)	50% Reduction	By 2030 (from 2019)	Operational Target
2019 Baseline GHG Emissions	333,019 mtCO2e	2019	Scope 1 & 2 Baseline
2023 Operational GHG Emissions	487,267 metric tons of CO2 equivalent	2023	Total Operational Emissions
Mohawk Valley Fab Water Recycling	60k gal per day	Planned	Design Feature
Mohawk Valley Fab Energy Savings	5000+ MWh annually	Planned	Design Feature

You should review the latest 2025 Sustainability Report when it releases to see the actual progress against the 2030 GHG target, as 2023 data shows an increase from the 2019 baseline.

Finance: draft 13-week cash view by Friday