> ## Content Index > Fetch the complete content index at: https://www.bullished.co/llms.txt > Use this file to discover other available public pages before exploring further. # State Street Holds 3.8% Of Wolfspeed Without Seeking To Influence Its Control - URL: https://www.bullished.co/state-street-holds-3-8-of-wolfspeed-without-seeking-to-influence-its-control-6d38e763/ - Published: 2026-11-10T15:25:59.000Z - Updated: 2026-11-10T15:25:59.000Z - Description: The chipmaker is pursuing AI data-center growth while revenue falls, its workforce shrinks and a federal financing deal advances. - Author: Matteo Parrino - Tags: SEC Filings, WOLF, Industry: Technology State Street reported a [3.8% passive stake](https://www.sec.gov/Archives/edgar/data/0000093751/000009375126000746/xslSCHEDULE%5F13G%5FX01/primary%5Fdoc.xml?ref=bullished.co) in [Wolfspeed](https://www.bullished.co/tag/wolf/), which makes silicon carbide materials and semiconductors that handle electric power, in an SEC ownership filing Tuesday. The position covered 2,001,159 common shares as of September 30, 2026, and State Street certified that it was not seeking to change or influence the company's control. ## An AI Push Under Pressure Wolfspeed is pursuing growth connected to AI data centers while contending with lower year-over-year revenue and a reduced workforce. Its [$1.5 billion financing](https://www.bizjournals.com/triad/news/2026/11/08/wolfspeed-federal-financing-revenue-earnings-stock.html?ref=bullished.co) deal with the federal government was advancing, placing funding alongside the company's growth plans. Shareholders have endured a much sharper setback: Wolfspeed shares [lost at least 40%](https://au.finance.yahoo.com/news/these-4-trump-backed-chip-stocks-have-seen-steeper-losses-than-the-beleaguered-sector-193153591.html?ref=bullished.co) over the six months covered by Yahoo Finance's November 6 analysis. The company had a market value of $1.4 billion as of 10:20 a.m. ET Tuesday. AI data centers are part of a wider customer base for Wolfspeed's power devices. It sells diodes, transistors and power modules for electric vehicles, charging systems, solar inverters, server power supplies and grid modernization, and also serves aerospace and defense applications. Its materials business supplies wafers that customers use to build radio-frequency and power products. Most of its products are made at facilities in North Carolina, New York and Arkansas, with some work handled by contract manufacturers. ## Voting Power Below The Holding State Street's [shared voting power](https://www.sec.gov/Archives/edgar/data/0000093751/000009375126000746/xslSCHEDULE%5F13G%5FX01/primary%5Fdoc.xml?ref=bullished.co) covered 1,942,698 shares, rather than the full reported position. It reported no shares over which it had sole voting power. The holding was acquired and maintained through ordinary business activity. State Street's certification places the position in the passive-ownership category rather than an effort to influence Wolfspeed's control. Learn - [What a Reverse Termination Fee Means: Who Pays When a Merger Collapses →](https://www.bullished.co/learn/reverse-termination-fee-meaning/) A reverse termination fee is paid by the buyer to the target if a merger fails on agreed terms. See how it differs from a break-up fee, with live deal examples. - [How To Read A Merger Proxy: A Checklist For Shareholders Facing A Vote →](https://www.bullished.co/learn/merger-proxy-statement-how-to-read/) Facing a merger vote? Read the proxy in this order: price and payment, vote date and threshold, board background, synergy claims, then closing conditions. ### Sources - [SCHEDULE 13G — STATE STREET CORPORATION re: WOLFSPEED INC (WOLF)](https://www.sec.gov/Archives/edgar/data/0000093751/000009375126000746/xslSCHEDULE%5F13G%5FX01/primary%5Fdoc.xml?ref=bullished.co) — SEC EDGAR - [Chipmaker Wolfspeed looks to federal support as revenue falls - Triad Business Journal](https://www.bizjournals.com/triad/news/2026/11/08/wolfspeed-federal-financing-revenue-earnings-stock.html?ref=bullished.co) — bizjournals.com - [Wolfspeed Inc. (NYSE:WOLF) : Cases :: Law360](https://www.law360.com/companies/wolfspeed-inc/cases?ref=bullished.co) — law360.com - [Wolfspeed Inc. (NYSE:WOLF) : Articles :: Law360](https://www.law360.com/companies/wolfspeed-inc/articles?ref=bullished.co) — law360.com - [These 4 Trump-backed chip stocks have seen steeper losses than the beleaguered sector](https://au.finance.yahoo.com/news/these-4-trump-backed-chip-stocks-have-seen-steeper-losses-than-the-beleaguered-sector-193153591.html?ref=bullished.co) — Yahoo Finance ### More on Wolfspeed - [Wolfspeed Says Pentagon Loan Would Cut Cash Interest By About $100 Million A Year](https://www.bullished.co/wolfspeed-says-pentagon-loan-would-cut-cash-interest-by-about-100-million-a-year-3ffee0f1/) - [Wolfspeed Loses $144 Million On $155 Million Of Revenue And Targets Near-Breakeven Adjusted Margin](https://www.bullished.co/wolfspeed-loses-144-million-on-155-million-of-revenue-and-targets-near-breakeven-adjusted-0628d289/) - [Wolfspeed Holders Back New Stock Purchase Plan, But 2.2 Million Votes Withheld From Director Mark Jensen](https://www.bullished.co/wolfspeed-holders-back-new-stock-purchase-plan-but-2-2-million-votes-withheld-from-ff6fb709/) [All Wolfspeed (WOLF) coverage →](https://www.bullished.co/tag/wolf/)