|Bid||51.90 x 1100|
|Ask||58.00 x 1000|
|Day's Range||51.93 - 52.94|
|52 Week Range||40.46 - 69.21|
|Beta (5Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Cree (CREE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cree is planning to build a 480,000-square-foot semiconductor factory near Utica that will employ at least 614 people. The estimated project cost is more than $1 billion.
Exyte U.S. — previously M+W Group U.S. Inc. — is part of a large international engineering and general contracting firm based in Germany. It has an American headquarters in the ZEN Building at the SUNY Polytechnic Institute campus in Albany.
A Durham-based tech company is expanding its footprint east of Research Triangle Park, with its recent purchase of a 7-acre property abutting its existing campus.
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Cree is building a $1 billion semiconductor factory in Marcy, near Utica. The company has already started hiring for jobs upstate.
Cree is making a $1 billion bet that the electric vehicle market will boom. And if it does, the company will produce a crucial piece of technology for EVs at its new factory near Utica.
Cree's CEO was in Utica this week to check on progress for the $1 billion silicon carbide factory. The company already has people working at SUNY Poly in Albany, and it recently posted more jobs.
For the second time in two days, Cree has announced a major supply deal. Tuesday, it was an extension of an agreement with STMicroelectronics first inked in January, increasing it from $250 million to $500 million. In an interview following the announcement, Cree CEO Gregg Lowe called it “the largest materials deal in the history of silicon carbide.” “What I think it is a sign of is an acceleration of the adoption of silicon carbide in the high voltage power market,” he says.
A German automotive supplier’s decision to sign a “strategic partnership” is a “big win” for Cree, says Gregg Lowe, CEO.
Guest column: Cree’s decision to build a plant near Utica is a validation of the economic development strategy that New York state has pursued for over two decades under a bipartisan succession of governors, write two scholars who have studied the nanotech industry in New York.
Cree in late September announced it will build a $1 billion, 480,000-square-foot plant near Utica to make silicon carbide semiconductors. The state will provide $500 million in grants toward the project, in return for Cree's promise to create more than 600 jobs.
“As we significantly increase our capacity, we are bound to face manufacturing challenges,” he told analysts.
Cree (CREE) delivered earnings and revenue surprises of 40.00% and 1.13%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Cree (CREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cree last month announced it plans to build a $1 billion, 480,000-square-foot plant near Utica to make semiconductors for use in electric vehicles and other applications. It's getting a head start on the work at SUNY Poly in Albany.
Decades before Cree Inc. decided to invest $1 billion in upstate New York, one of the Albany region's most prominent businessmen, Walt Robb, helped its founders get the money for their first plant.
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