News

This collection of stories explores strategic financial choices that are altering Wolfspeed's operational direction.
Wolfspeed shares dropped below $1 last week after The Wall Street Journal and Bloomberg reported on the imminent prepackaged bankruptcy proposal. The New York Stock Exchange requires that member ...
Wolfspeed has sold its RTP facility to a new-to-the-Triangle company. Two Triad firms among many owed millions by Wolfspeed ...
(Reuters) -Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would provide it with fresh financing and slash debt by nearly 70%, the ...
(Reuters) -Wolfspeed said on Sunday that it has reached a restructuring agreement with creditors and plans to file for bankruptcy in the U.S. in the near future. The restructuring agreement would ...
Durham chipmaker Wolfspeed announced it will reorganize to consolidate debt under Chapter 11 bankruptcy. According to a statement from Wolfspeed, it reached a restructuring support agreement with ...
Wolfspeed reaches bankruptcy plan with creditors Apollo, Renesas — giving shareholders some equity — as Durham, North Carolina semiconductor chipmaker seeks debt solution ...
Wolfspeed Restructuring Talks Shift to Apollo, Other Creditors. The asset manager ranks high in the chip maker’s $6.5 billion debt stack. By Alicia McElhaney. May 13, 2025 2:04 pm ET ...
Wolfspeed, facing $6.7B debt, may file for prepackaged bankruptcy. The move could impact shareholders but maintain operations at its new NC factory.
Creditors to gain control of Wolfspeed under bankruptcy plan, company says. According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say ...
Wolfspeed raised going-concern doubts in May, as deepening economic uncertainty stemming from changing U.S. trade policies, combined with weakening demand, triggered a series of financial challenges.