Cree
Wolfspeed (formerly Cree) is the only pure-play vertically integrated silicon carbide semiconductor company in the world, manufacturing SiC substrates, discrete MOSFETs, Schottky diodes, bare die, and power modules for automotive, renewable energy, industrial, and AI data center customers from its U.S.-based fabrication corridor.
- Company typePublic
- Founded1987
- HeadquartersDurham, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cree does
Wolfspeed, Inc. (formerly Cree, Inc., rebranded in 2021) is a U.S.-based semiconductor company specializing in silicon carbide (SiC) power devices and substrate materials. Founded in 1987 and headquartered at the first U.S.-based silicon carbide corridor with end-to-end substrate and power device fabrication, Wolfspeed is the only pure-play vertically integrated SiC company in the world. Its product portfolio spans SiC substrates and epitaxial materials, discrete MOSFETs and Schottky diodes (in 1200V–10kV ratings), automotive-qualified bare die MOSFETs (Gen 4 and Gen 5), and power module families (WolfPACK, YM3, TM, LM) across voltage classes up to 3300V. Supporting tools — reference designs, gate driver boards, and evaluation kits — are bundled alongside the core silicon offerings.
Wolfspeed monetizes through one-time hardware sales of SiC components via a multi-channel go-to-market: direct enterprise sales to large OEM accounts, an authorized global distributor network, online e-commerce, and a sample center for engineering design-in. Pricing is quote-based rather than publicly listed. The customer base spans four primary verticals — automotive/EV (traction inverters, on-board chargers, DC/DC converters), renewable energy (solar, energy storage, fast charging, utility-scale), industrial motor drives, and AI/data center power conversion (server PSUs, UPS, solid-state transformers). Secondary segments include e-mobility (commercial, marine, rail) and aerospace.
The company's competitive positioning rests on decades of accumulated SiC expertise, generation-over-generation device improvements culminating in Gen 5 MOSFETs with industry-lowest RDS(ON), and a vertically integrated U.S. manufacturing footprint that competitors building on silicon-based foundry models must replicate from scratch. Notable 2026 strategic activity includes partnerships with GE Aerospace (aerospace) and Amperesand (AI data center solid-state transformers), the launch of a dedicated Silicon Valley Data Center Solutions team, and the release of new 3.3kV module families targeting renewable energy conversion and grid-scale storage. The company operates an investor relations website indicating public-company status, though no ticker, exchange listing, or company-specific revenue figure is disclosed in the source data.
Cree firmographics
Firmographics- Name
- Cree
- Legal name
- Wolfspeed, Inc.
- Website
- https://cree.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Wolfspeed (formerly Cree) is the only pure-play vertically integrated silicon carbide semiconductor company in the world, manufacturing SiC substrates, discrete MOSFETs, Schottky diodes, bare die, and power modules for automotive, renewable energy, industrial, and AI data center customers from its U.S.-based fabrication corridor.
- Ownership category
- akta.pro rank
Cree industry classification
Industry- Product category
- Silicon Carbide Power Semiconductors
- akta.pro primary industry
- Power Modules (IGBT/MOSFET/SiC/GaN Modules) (HDAHAHAH)
- akta.pro secondary industries
- Wide-Bandgap Power Devices (SiC/GaN Discretes) (HDAHAHAG), Wide-Bandgap (SiC/GaN) Power Modules, Gate Drivers & Packaging (EUAFAIAJ)
Keywords
Where Cree is headquartered
LocationHeadquarters
- HQ city
- Durham
- HQ country
- United States
- HQ region
- North America
Markets served
Cree business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Silicon Carbide Power Semiconductor Products: Sale of silicon carbide power modules, discrete MOSFETs, Schottky diodes, bare die MOSFETs, and bare die Schottky diodes. These are one-time hardware product sales with no subscription component. Revenue is generated through direct sales and distributor channels.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Cree product offering
Product offeringCore offering
Wolfspeed (formerly Cree) is a vertically integrated silicon carbide (SiC) semiconductor company that designs and manufactures SiC power devices including power modules, discrete MOSFETs, Schottky diodes, bare die products, and SiC substrate/epitaxial materials. The company sells these components to manufacturers building electric vehicles, AI data center power infrastructure, industrial motor drives, and renewable energy systems. It operates the first U.S.-based end-to-end silicon carbide corridor covering materials to finished power devices.
Product overview
Wolfspeed (formerly Cree) is the world's only pure-play, vertically integrated silicon carbide company, offering a comprehensive portfolio spanning SiC materials (substrates and epitaxy), power modules, discrete power devices (MOSFETs and Schottky diodes), and power die products. The product portfolio includes: Power Modules (WolfPACK, YM3, LM, TM families), Discrete MOSFETs (E-Series automotive, industrial), Discrete Schottky Diodes, Bare Die products (MOSFETs in 1200V-10kV range, Schottky Diodes), and supporting tools including Reference Designs, Gate Driver Boards, and Evaluation Kits. Materials Products provide the foundational SiC substrates for internal device fabrication and external customers. This vertically integrated approach enables control from raw SiC material through finished power devices.
Differentiator
Problem solved
Functional benefit
Products and services
- Power Modules Silicon carbide power modules including 1200V automotive qualified 6-pack modules, WolfPACK full-bridge baseplate-less modules, and high-power half-bridge modules (LM and TM families) for solar, grid-scale energy storage, wind power, and EV traction inverter applications.
- Discrete MOSFETs Silicon carbide metal-oxide-semiconductor field-effect transistors available in 1200V automotive qualified and 1700V industrial qualified variants, including E-Series automotive qualified SiC MOSFETs in Top-Side Cooled (TSC) packages for high-efficiency power conversion.
- Discrete Schottky Diodes Silicon carbide Schottky barrier diodes providing low forward voltage drop and fast switching for power supply and inverter applications.
- Bare Die MOSFETs Bare silicon carbide die MOSFET products available in multiple voltage ratings (1200V Gen 4/Gen 5, 2300V, 10kV) optimized for automotive powertrain, traction inverters, UPS, renewable energy, and medium voltage drives.
- Bare Die Schottky Diodes Bare silicon carbide die Schottky diodes for custom module integration and high-reliability applications.
- Materials Products Silicon carbide substrate and epitaxial materials for power semiconductor fabrication, supporting the vertically integrated supply chain from raw materials to finished devices.
- Reference Designs Pre-validated circuit designs and schematics sold as standalone tools to accelerate system development using Wolfspeed SiC devices.
- Gate Driver Boards Driver boards designed as standalone products to properly interface with and control SiC MOSFETs and modules in power conversion applications.
- Evaluation Kits Complete evaluation platforms including hardware and software sold as standalone kits for testing and characterizing SiC power devices in specific application environments.
Quantifiable outcome
- Products deliver ruggedness at every stage of product lifecycle designed to perform in toughest operating environments
- +1 more outcomes
Companies that use Cree
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Cree technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Cree partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GE AerospacecoreGE Aerospace and Wolfspeed announced a collaboration to accelerate high-voltage silicon carbide (SiC) adoption in aerospace applications. This strategic partnership focuses on developing and deploying SiC technology for demanding aerospace power applications.
- AmperesandcoreAmperesand partnered with Wolfspeed to develop highly reliable medium voltage (MV) SiC-based solid-state transformers for AI data center infrastructure. Wolfspeed provides the silicon carbide components enabling Amperesand to build the cornerstone of tomorrow's grid.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Cree competitors and assessment
Company assessmentDirect peers
- STMicroelectronics: Major SiC MOSFET and module manufacturer serving automotive traction inverters, industrial drives, and renewable energy — Wolfspeed's most direct head-to-head competitor across the same SiC power device portfolio.
- Infineon Technologies: Largest power semiconductor manufacturer globally, with a broad SiC roadmap (CoolSiC) targeting EVs, industrial drives, and renewable energy — competing with Wolfspeed across virtually every end market.
- ON Semiconductor (onsemi): Expanding SiC power device portfolio targeting automotive traction inverters and EV power conversion, named alongside Wolfspeed as a key SiC player; competes directly in discrete and module form factors.
- ROHM Semiconductor: Japanese power semiconductor manufacturer with a dedicated SiC MOSFET and Schottky diode line serving automotive and industrial customers — competes with Wolfspeed in SiC discretes and modules.
- Renesas Electronics: Acquired a major SiC wafer supply position from Wolfspeed and has built internal SiC power device capability, placing it in direct competition in automotive and industrial SiC markets.
Broad incumbents
- Mitsubishi Electric: Established power module manufacturer with SiC and IGBT products serving industrial, rail, and renewable energy — broader portfolio than Wolfspeed but overlapping in high-voltage SiC modules.
- Toshiba Electronic Devices & Storage: Diversified power semiconductor supplier with SiC MOSFET and discrete offerings for industrial and automotive — overlaps with Wolfspeed in discrete SiC while serving a much broader customer base.
- Microchip Technology: Diversified semiconductor company offering SiC power solutions via its Microsemi acquisition — competes in discrete and module SiC for industrial and renewable energy applications.
Emerging players
- Navitas Semiconductor: Pure-play wide-bandgap (GaN/SiC) power semiconductor company focused on high-frequency power conversion for consumer chargers, data centers, and EVs — adjacent technology that could compete in some SiC use cases.
- Power Integrations: Power semiconductor company that has introduced its own SiC MOSFET offerings for high-voltage power conversion — competes in select industrial and renewable energy segments where Wolfspeed also plays.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Cree social profiles
Digital presenceCree financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cree leadership team
Management profileNumber of profiles
Cree funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cree M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cree
What does Cree do?
Wolfspeed (formerly Cree) is a vertically integrated silicon carbide (SiC) semiconductor company that designs and manufactures SiC power devices including power modules, discrete MOSFETs, Schottky diodes, bare die products, and SiC substrate/epitaxial materials. The company sells these components to manufacturers building electric vehicles, AI data center power infrastructure, industrial motor drives, and renewable energy systems. It operates the first U.S.-based end-to-end silicon carbide corridor covering materials to finished power devices.
Is Cree a public or private company?
Cree is a public company. It is classified as public and is currently operating.
When was Cree founded?
Cree was founded in 1987. It employs 5,001 to 10,000 people.
Where is Cree based?
Cree is headquartered in Durham, United States, in the North America region.
How does Cree make money?
One revenue line is on record: silicon Carbide Power Semiconductor Products.
Who are Cree's main competitors?
Direct peers on record are STMicroelectronics, Infineon Technologies, ON Semiconductor (onsemi), ROHM Semiconductor and Renesas Electronics. Broad incumbents are Mitsubishi Electric, Toshiba Electronic Devices & Storage and Microchip Technology. Emerging players are Navitas Semiconductor and Power Integrations.
Does Cree have an API?
No public API is recorded for Cree.
What industry is Cree in?
Cree's product category is Silicon Carbide Power Semiconductors. Its primary akta.pro industry code is HDAHAHAH, Power Modules (IGBT/MOSFET/SiC/GaN Modules), with a secondary code of HDAHAHAG, Wide-Bandgap Power Devices (SiC/GaN Discretes).