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Earnings Preview: Wolfspeed to Report Financial Results Post-market on November 06
$Wolfspeed(WOLF.US)$ is scheduled to release its financial results post-market on November 06 ET. Earnings PreviewAnalysts estimate $Wolfspeed(WOLF.US)$ to post revenue of USD200.37M for 2025Q1, up 1.
US stocks closed: All 'Seven Giants' suffered heavy losses, with the S&P and Nasdaq posting their largest declines in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China concept stock Jinlong Index fell by 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: the possibility of Super Micro Computer being suspended or delisted is increasing.
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German chip dreams are again shelved by Americans. Wolfspeed postpones 3 billion euros factory construction plan.
①Following intel's shelving of the Magdeburg wafer fab project last month, Wolfspeed also announced the suspension of its Germany project; ②In order to attract chip giants to build factories, the German government has provided considerable subsidies, but to no avail; ③Faced with criticism from political opponents, Scholz can only hope that the Taiwan Semiconductor Germany factory project can proceed smoothly.