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Wolfspeed said the bankruptcy was part of a planned restructuring which would cut its overall debt by around 70%, or $4.6 ...
According to market research firm TrendForce, Wolfspeed held the top spot in the SiC market with a 33.7% share in 2024.
The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...
Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 ...
The company agreed with top creditors to exchange most of its debt for equity and file a near-term bankruptcy.
Wolfspeed said it plans to file for bankruptcy today. Shares of silicon carbide chip manufacturer Wolfspeed (NYSE: WOLF) sank ...
Wolfspeed, Inc. entered into a restructuring support agreement with the majority of its creditors. Click here to find out why ...
Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring ...
The Durham semiconductor supplier Wolfspeed plans to file for bankruptcy under a restructuring agreement that would eliminate ...
Dr. John Edmond told NEWSChannel 2 that Wolfspeed, the company he co-founded, will keep its Marcy manufacturing plant open as ...
Wolfspeed Inc. is planning to file for bankruptcy by July 1 with a deal to slash its debt by about $4.6 billion and hand over control to convertible noteholders.
Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc. under a proposal ...
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