If You'd Invested $10,000 in Wolfspeed 3 Years Ago, Here's How Much You'd Have Today

• A $10,000 concern successful Wolfspeed made astatine the extremity of November 2022 would beryllium worthy conscionable $2,071 today.

• Cash pain remained a large contented adjacent arsenic Wolfspeed moved person to breakeven earnings.

• Wolfspeed whitethorn person improved its equilibrium expanse with a Chapter 11 bankruptcy restructuring, but the hazard inactive looks high.

• 10 stocks we similar amended than Wolfspeed ›

I utilized to ain immoderate Wolfspeed (NYSE: WOLF) stock, starting successful March 2020, close aft the COVID-19 crash. The institution was known arsenic Cree astatine the time, an experienced shaper of LED airy elements. Cree was expanding its gallium nitride (GaN) and silicon carbide (SiC) chip-making capacity, and the institution seemed poised for large returns arsenic a starring parts supplier to the electrical conveyance industry.

The institution sold its LED business, doubled down connected its specialized semiconductors, and drew person to breakeven bottom-line results (starting from heavy losses) implicit the adjacent mates of years.

But it besides burned a ton of currency and the occurrence I expected successful electrical conveyance chips ne'er seemed to materialize. So I mislaid patience with the concern thesis and closed my Wolfspeed presumption astatine the extremity of November 2022 with a 129% gain. Not excessively shabby!

Selling those Wolfspeed shares turned retired to beryllium a large move. I missed the cleanable all-time precocious by astir a year, but the banal continued to driblet and hasn't travel adjacent to its November 2022 levels since then. I'm gladsome the currency pain spooked maine into selling.

How person Wolfspeed investors fared successful that astir three-year period? Let's accidental you bought $10,000 of Wolfspeed banal connected Nov. 30, wherever I exited my position.

The $10,000 stake is down to conscionable $2,071. Ouch. If you importune connected strict full-year returns, Wolfspeed has mislaid 77.3% successful 3 years portion the S&P 500 (SNPINDEX: ^GSPC) gained 73.4%.

The plunge included a Chapter 11 bankruptcy extortion process, entered successful June 2025 with the fiscal restructuring completed 3 months later.

Fellow Fool Leo Sun likes Wolfspeed's concern prospects fixed its lighter indebtedness load. I'm not truthful sure. My portfolio got fortunate with this volatile chipmaker successful 2022, but determination are much GaN and SiC manufacturers disposable today, and the electrical conveyance roar slowed down successful 2025. Wherever Wolfspeed goes from here, I'll gladly ticker the play from Wall Street's sidelines.

Before you bargain banal successful Wolfspeed, see this:

The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Wolfspeed wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.