Wolfspeed, Inc. (WOLF) Appoints Bret Zahn as Vice President and General Manager

Yahoo

3 days ago

With a share price under $3 and strong hedge fund interest, Wolfspeed, Inc. (NYSE:WOLF) secures a spot on our list of the 10 Best AI Stocks to Buy Under $3.
An automated manufacturing production line of semiconductor components on an assembly line.
On August 5, 2025, Wolfspeed, Inc. (NYSE:WOLF) appointed Bret Zahn as Vice President and General Manager of its Automotive business, strengthening its commitment to the EV revolution. This move enhances the company's automotive product roadmap to meet soaring EV demand, as Zahn brings 35 years of experience, including growing SiC operations at Onsemi.
Furthermore, this appointment is in line with Wolfspeed, Inc. (NYSE:WOLF)'s strategic investments in U.S.-based SiC manufacturing, including recent leadership enhancements. Looking ahead, the company remains optimistic about scaling innovation and securing global automotive partnerships, solidifying its position within the electrified transportation market.
Wolfspeed, Inc. (NYSE:WOLF) offers AI-driven, cutting-edge silicon carbide (SiC) semiconductor technologies. It is included in our list of the best AI stocks.
While we acknowledge the potential of WOLF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts.
Disclosure: None.