T. Rowe Price Associates Increases Stake in Wolfspeed, Inc. to 12.6%

T. Rowe Price Associates, Inc. filed a Schedule 13G/A on April 8, 2026, reporting a significant increase in its stake in Wolfspeed, Inc. (WOLF). As of the event date on March 31, 2026, the investment firm holds 6,184,505 shares of common stock, representing a 12.6% ownership stake in the company. This marks a substantial increase from a previously reported 0% position, according to the provided data. The filing indicates that T. Rowe Price has sole voting power over 1,991,142 shares and sole dispositive power over 1,997,023 shares. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This amendment (No. 2) underscores T. Rowe Price's growing position as a major institutional investor in the semiconductor company. The filing was signed by Ellen York, Vice President of T. Rowe Price Associates, Inc.