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Wolfspeed said the bankruptcy was part of a planned restructuring which would cut its overall debt by around 70%, or $4.6 ...
Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 ...
The agreement seeks to decrease the company's debt by roughly 70%, equating to $4.6bn, and reduce annual cash interest ...
Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...
Wolfspeed anticipates emerging from bankruptcy by the end of September after it has slashed 70% of its debt. Under its ...
The semiconductor supplier agreed with top creditors to exchange most of its debt for equity and file a near-term bankruptcy.
Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would ...
According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say will ...
The company also recently laid off 73 workers at its Siler City facility, according to a WARN notice filed with the state.
Wolfspeed said it plans to file for bankruptcy today. Shares of silicon carbide chip manufacturer Wolfspeed (NYSE: WOLF) sank ...
Wolfspeed said on Sunday that it has reached a restructuring agreement with creditors and plans to file for bankruptcy in the ...
Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc. under a proposal ...