Wolfspeed is currently facing financial difficulties as the EV market shifts course with new regulatory policies. Learn more ...

Wolfspeed’s profitability is 3-years ... according to the restructuring and simplification efforts. Among OpEx, start-up costs associated to JP materials facility had great impact ($23 ...

Apollo Global Management has engaged investment bank Moelis as the asset manager negotiates a possible debt restructuring with troubled semiconductor supplier Wolfspeed, according to people ...

Wolfspeed, a U.S.-based silicon carbide (SiC) wafer vendor, is reportedly on the brink of filing for bankruptcy due to fierce ...

A spate of top executive changes, high debt load, and reports of a potential, pending bankruptcy filing sent Wolfspeed Inc.’s ...

Wolfspeed Inc. reported fiscal third-quarter earnings in line with expectations, but uncertainty over a restructuring of ... in addition to current efforts, including cutting 30% of its senior ...

Prior to that, the struggling company began a restructuring plan that included facility closures and consolidation. Yesterday, Wolfspeed announced that former Micron Technology (MU) executive ...

The chip company is looking at a Chapter 11 plan after passing on other debt-restructuring proposals ... among other efforts. As of March 31, Wolfspeed said it had $1.3 billion in cash — but ...

Despite these efforts to strengthen leadership ... one of the biggest creditors to Wolfspeed, is in talks with investment bank Moelis about a restructuring, The Wall Street Journal reported ...

The chip company is looking at a Chapter 11 plan after passing on other debt-restructuring proposals ... among other efforts. As of March 31, Wolfspeed said it had $1.3 billion in cash - but ...