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Wolfspeed, a U.S.-based silicon carbide (SiC) wafer vendor, is reportedly on the brink of filing for bankruptcy due to fierce ...
As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...
The Wall Street Journal reported Tuesday afternoon that after the company rejected several proposals by creditors to ...
The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court.
Wolfspeed's new CFO faces a daunting task, but the role comes with some enticing financial incentives. Wolfspeed overhauls ...
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Wolfspeed could be on the verge of bankruptcy, report saysDurham semiconductor maker Wolfspeed could be on the verge of filing for bankruptcy, according to reports. Why it matters: A Wall Street Journal report said Wolfspeed could file for Chapter 11 ...
So, what has gone wrong in Wolfspeed’s SiC fairy tale? For a start, while the word bankruptcy triggers a sense of shock for a company that’s considered the market leader, the truth is that Wolfspeed ...
Wolfspeed shares were down 58% to $1.31 after hours on Tuesday as The Wall Street Journal, citing sources, said the company is preparing to file for bankruptcy within a matter of weeks. The maker of ...
Shares of Wolfspeed Inc. slid almost 60% on Wednesday after a report indicated that the company is preparing to file for bankruptcy in the next few weeks. The chip company is looking at a Chapter ...
While Wolfspeed already warned investors of a potential in-court restructuring two weeks ago, a new Wall Street Journal article suggested that the debt-laden company could file for bankruptcy ...
(Reuters) -Semiconductor supplier Wolfspeed (WOLF) is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday ...
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