As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...

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 ...

Wolfspeed is a leading supplier of silicon ... amid reporting a quarterly net loss increase. Despite these efforts to strengthen leadership and operations, the stock's sharp 56% decline over ...

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

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 ...

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 ...

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 ...

including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed shares to $3.00 from $7.00, maintaining a Sell rating due to ...

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 ...