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

A U.S. manufacturer of silicon carbide power chips, Wolfspeed, Inc. (NYSE:WOLF) has been under increasing financial strain as a result of weak demand in the automotive and industrial sectors and ...

With respect to electric vehicles (EVs), silicon carbide aids in helping inverters manage power flow from batteries to the ...

The layoffs come on the heels of the company’s third quarter financial report, which saw revenue take a $20 million hit.

These leadership changes occur amid challenging financial results, with Q3 sales declining to $185.4 million and an increased net loss of $285.5 million. These... Wolfspeed (NYSE:WOLF) recently ...

According to the , citing an official statement, Japanese chipmaker Renesas has clarified that ongoing issues with Wolfspeed ...

Wolfspeed has appointed an interim Chief FInancial Officer, who will hold the position as the company conducts a search for a ...

In other words, Wolfspeed’s situation is more than a company in crisis. Now, let’s take a closer look at ... Third, and probably most important, are Wolfspeed’s financial headwinds. It’s carrying $6.5 ...

Wolfspeed (NASDAQ: WOLF), a pioneer in silicon carbide semiconductor technology for the electric vehicle market, is facing severe financial distress ... the existential crisis facing the silicon ...

A Wall Street Journal article citing sources with knowledge of the situation claims that Wolfspeed, Inc. (NYSE:WOLF) is getting ready to declare Chapter 11 bankruptcy in the upcoming weeks.