Wolfspeed Aktie News

Wolfspeed said the bankruptcy was part of a planned restructuring which would cut its overall debt by around 70%, or $4.6 billion.

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.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”) today announced that, as part of its efforts to proactively strengthen its capital structure, it entered into a Restructuring Support Agreement (the “RSA”) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics Corporation's wholly owned U.S. subsidi...

TOKYO--(BUSINESS WIRE)-- #Renesas--Renesas, a premier supplier of advanced semiconductor solutions, today announced it has entered into a Restructuring Support Agreement with Wolfspeed.

After Wolfspeed (WOLF 4.32%) stock plummeted 84.7% in 2024, investors had high hopes that shares would rebound in 2025 and ride the bullish wave that had recently driven so many semiconductor stocks soaring. With the first half of 2025 nearly in the books, investors are still waiting.

Shares of Wolfspeed (WOLF 15.00%) are spiking on Wednesday. The chipmaker's stock was up 17.2% as of 2:21 p.m.

In a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: Wolfspeed NYSE: WOLF and Kohl's NYSE: KSS. Both names currently rank among the most heavily shorted on Wall Street, with short interest exceeding a staggering 40% of their floated shares.

Wolfspeed, Inc. faces severe financial distress, with bankruptcy rumors and an 78% stock drop, but I believe the worst is priced in. Gallium nitride technology demand is surging, especially after Nvidia's recent deal, positioning Wolfspeed's tech for a potential turnaround. Despite debt and missed CHIPS Act funding, Wolfspeed's low valuation and strategic assets make it an attractive acquisitio...