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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 ...
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.
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 ...
Falling prices and narrowing technological gaps have driven a sharp deterioration in Wolfspeed's financial performance ... The ripple effects of Wolfspeed's crisis are acutely felt by Renesas ...
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 ...
US stocks stumbled Wednesday as bond yields continued to climb, putting pressure on equities as Wall Street fretted about the ballooning US debt while Republican leaders aimed to ready President Trump ...
US stocks slid Wednesday afternoon bond yields continued to climb. Investors weighed a flare-up in US-China tensions over ...
Wolfspeed, once the dominant supplier of silicon carbide (SiC) materials, is now grappling with financial distress ... Wolfspeed's SiC crisis, and China's export chokehold These are the most ...
As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...