Summary by Moomoo AI
Capital Research Global Investors (CRGI), a division of Capital Research and Management Company, has filed an amendment to its Schedule 13G, reporting a 10.8% ownership stake in Wolfspeed, Inc. This stake equates to 13,512,992 shares in the semiconductor company. The filing, dated December 29, 2023, indicates that CRGI has sole voting and dispositive power over the shares, and the investment is held in the ordinary course of business, not with the intent to change or influence the control of Wolfspeed. The address for Wolfspeed's principal executive offices is listed as 4600 Silicon Drive, Durham, NC 27703. The filing was signed by Donald H. Rolfe, Senior Vice President and Senior Counsel of the Fund Business Management Group at Capital Research and Management Company, on February 07, 2024.