On August 18, Wolfspeed Inc. declined 8.18% in pre-market trading, trading at $32.3/share, with turnover of approximately $2.16 million.

On the news front, an independent research firm published a report indicating that NVIDIA's native single-ended 800V DC scheme will see large-scale adoption pushed back to beyond 2028, signaling a shift in the high-voltage DC roadmap. Wolfspeed had recently announced a strategic partnership with Liteon Technology to deploy silicon carbide-based 800V DC power solutions targeting hyperscale AI data centers, with expectations of adoption by multiple cloud service providers. The delayed roadmap directly undermines the market's optimistic expectations for near-term cooperation execution and revenue realization from this initiative.

The company is scheduled to report earnings on August 19 after market close. Consensus estimates project quarterly revenue of $224 million, up 17.04% year-over-year, while adjusted EPS is expected at -$2.45. The pre-earnings catalyst from the AI data center partnership had driven shares up over 8% intraday on the same day before this setback emerged.

(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.)