EXHIBIT 23.2

                       Consent of Independent Accountants

We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statements on Form S-8 (Nos.  33-98956,  33-98958,  333-92477 and 333-92479) and
Form S-3 (No.  33-98728) of Cree, Inc. of our report dated July 22, 1998, except
for the  restatement of the fiscal 1998 financial  statements as a result of the
business combination described in the first three paragraphs of Note 2 for which
the date is May 1, 2000,  relating to the financial  statements  of Cree,  Inc.,
which appears in this Annual Report on Form 10-K.

/s/ PricewaterhouseCoopers LLP

Raleigh, North Carolina
August 8, 2000