Wolfspeed Aktie News

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”) today announced that David Emerson, Ph.D. has been appointed Executive Vice President and Chief Operating Officer, a newly created role responsible for overseeing operational excellence across the Company's 200-millimeter facility footprint, reducing customer lead times, and manufacturing leading silicon ...

U.S. equities were mixed at midday as the market watched developments in Washington on the Republicans' tax cut and spending bill. The Dow Jones Industrial Average and S&P 500 declined, while the Nasdaq was up.

Wolfspeed Inc (NYSE:WOLF) shares plunged almost 70% after the Wall Street Journal (WSJ) revealed the chipmaker is preparing to file for Chapter 11 bankruptcy within weeks due to its inability to manage its substantial debt load, which totals around $6.5 billion. According to the report, which cited sources with knowledge of the matter, the company has rejected multiple out-of-court debt restruc...

The chip company is reportedly preparing to file for bankruptcy as it deals with mounting debt.

Wolfspeed (WOLF -70.70%) was trading around $0.97 per share at 10 a.m. Wednesday.

The embattled wafer maker could file for bankruptcy within weeks, The Wall Street Journal reports.

Semiconductor supplier Wolfspeed is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter.

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