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5 days agoWolfspeed Shares Double as New CFO Boosts Turnaround Confidence
U.S. semiconductor firm Wolfspeed surged over 100% in after-hours trade after appointing Gregor Van Issum as Chief Financial Officer. Known for leading turnarounds at Infineon and GlobalFoundries, Van Issum is expected to accelerate Wolfspeed’s capacity expansion and profitability plan through 2026. Investors welcomed the move as a signal of renewed discipline amid global chip sector volatility.
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5 days agoWolfspeed Shares Double as New CFO Boosts Turnaround Confidence
U.S. semiconductor firm Wolfspeed surged over 100% in after-hours trade after appointing Gregor Van Issum as Chief Financial Officer. Known for leading turnarounds at Infineon and GlobalFoundries, Van Issum is expected to accelerate Wolfspeed’s capacity expansion and profitability plan through 2026. Investors welcomed the move as a signal of renewed discipline amid global chip sector volatility.
Explore:Mutual Fund Tools
positive
Wolfspeed Shares Double as New CFO Boosts Turnaround Confidence
6 days ago
1 min read
56 words
Wolfspeed shares jumped 100% after naming turnaround veteran Gregor Van Issum CFO, boosting investor confidence in the chipmaker’s revival strategy.
U.S. semiconductor firm Wolfspeed surged over 100% in after-hours trade after appointing Gregor Van Issum as Chief Financial Officer. Known for leading turnarounds at Infineon and GlobalFoundries, Van Issum is expected to accelerate Wolfspeed’s capacity expansion and profitability plan through 2026. Investors welcomed the move as a signal of renewed discipline amid global chip sector volatility.
U.S. semiconductor firm Wolfspeed surged over 100% in after-hours trade after appointing Gregor Van Issum as Chief Financial Officer. Known for leading turnarounds at Infineon and GlobalFoundries, Van Issum is expected to accelerate Wolfspeed’s capacity expansion and profitability plan through 2026. Investors welcomed the move as a signal of renewed discipline amid global chip sector volatility.
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Wolfspeed
semiconductors
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Oct 24, 2025 • 21:02 IST