Wolfspeed, a subsidiary of Cree, Inc., is a leading provider of advanced semiconductor solutions specializing in silicon carbide (SiC) and gallium nitride (GaN) technologies. Founded in 1987 and headquartered in Durham, North Carolina, Wolfspeed is at the forefront of developing and manufacturing high-performance components for power and RF (radio frequency) applications. The company is known for its innovations in wide-bandgap semiconductors, which are crucial for improving efficiency and performance in various industries, including automotive, telecommunications, industrial, and consumer electronics.