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Recap: Cree Q4 Earnings

Shares of Cree (NASDAQ:CREE) fell 5.7% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 27.78% year over year to ($0.23), which beat the estimate of ($0.24).

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Cree’s Wolfspeed And STMicroelectronics Expand Existing 150mm Silicon Carbide Wafer Supply Agreement; Amended Agreement, Which Calls For Cree To Supply ST With 150mm Silicon Carbide Bare And Epitaxial Wafers, Is Now Worth Over $800M

Cree, Inc. (NASDAQ:CREE), the global leader in silicon carbide technology through its Wolfspeed® business, and STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of

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