Why Has Cree’s Revenue Jumped 40% In The Past 2 Years?
- Tuesday, November 19, 2019, 8:25
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Cree’s (NASDAQ: CREE) revenue has grown from $770 million in 2017 to $1.08 billion in 2019, largely due to a growing demand for Cree’s power and RF products. Revenue grew around 40% over this period, as demand for Cree’s power products has seen huge growth, especially from the electric vehicles…