Wolfspeed, Inc. Common Stock (WOLF)

The pent-up short squeeze just needed a fresh catalyst. It got one after yesterday's close.

Shares of Wolfspeed soared 10.6% on Thursday. The stock is gaining amid renewed investor enthusiasm for AI-related infrastructure spending.

Wolfspeed shares are down 16.4% during Tuesday's session. The stock is paring back gains from a sharp 77% rally over the past week.

Major U.S. indices ended the day mixed on Monday. The Dow Jones Industrial Average gained 0.3% to 40,227.59.

Wolfspeed shares are rallying some 24% during Monday's session. The stock is now higher by 68% over the past week, despite a lack of any new company-specific news.

Today's session on Monday is marked by notable gaps in various stocks. Stay informed with the gap up and gap down stocks in today's session.

Wolfspeed shares surged 23% Thursday afternoon. Strong economic data and U.S.-China trade optimism boosted the semiconductor sector.

The most telling figure of this company's future isn't found on any accounting statement.

This comes at a time when the Commerce Secretary Howard Lutnick hinted at the possibility of withholding CHIPS Act funding.

According to Bloomberg, Commerce Secretary Howard Lutnick has indicated he may withhold Chips Act grants as he presses semiconductor companies to expand their U.S. manufacturing investments.