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

Wolfspeed has announced that layoffs will be coming to its plant in Siler City. A Worker Adjustment and Retraining Notification (WARN) obtained by ABC11 shows 73 jobs are being cut at the ...

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

Chipmaker Wolfspeed says it’s laying off dozens of workers in Chatham County to adjust to softer demand for high-powered ...

(Updated with more details) Blake Lively just had a major win in her multi-lawsuit, multi-million-dollar legal war with Justin Baldoni, and now Taylor Swift’s pal is opening up a brand-new battlefield ...

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 ...

For detailed insights into Wolfspeed’s financial health and growth prospects, investors can access comprehensive analysis through InvestingPro, which offers 17 additional key insights about the ...

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 ...

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 ...

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 ...