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Wolfspeed to Discontinue Development on Germany Production Facility

Provided by Dow Jones Oct 22, 2025, 12:43:00 PM

By Nicholas G. Miller

Wolfspeed is discontinuing development on a device-fabrication facility in Saarland, Germany and will complete its planned closure of its facility in Durham, N.C., by the end of the year.

The semiconductor company said Wednesday the changes are intended to "align with demand and enhance capital efficiency."

Wolfspeed had announced the closure of its Durham plant and indefinitely suspended development plans on the German facility last year.

The Durham company also said Wednesday it was appointing Matthias Buchner, an executive at Infineon Technologies, as its new chief marketing officer, effective Dec. 1.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

October 22, 2025 08:43 ET (12:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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