On May 26, Wolfspeed rose 9.03% in pre-market trading, trading at $75.80/share, with trading volume of approximately $1.57 million.

On the news front, research firm Citrini Research published a report listing Wolfspeed as a key recommended target in the AI infrastructure sector, emphasizing its irreplaceable market position in the silicon carbide high-voltage domain. The bullish sentiment has continued to ferment. The company's AI data center application business grew approximately 30% quarter-over-quarter, as the valuation logic for the SiC industry shifts from electric vehicles toward AI computing high-voltage infrastructure. Additionally, SEC filings revealed Citigroup increased its holdings by approximately 1.0119 million shares, raising its stake to 6.77% with a 44.8% change, while Slate Path Capital's position rose to 9.99%, sending clear institutional accumulation signals. Multiple bullish catalysts have resonated to propel the stock's continuation of its recent strong rebound trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)