The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...

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

The company agreed with top creditors to exchange most of its debt for equity and file a near-term bankruptcy.

Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 ...

Wolfspeed anticipates emerging from bankruptcy by the end of September after it has slashed 70% of its debt. Under its ...

The restructuring support agreement (RSA) will see the company receive $3 billion in convertible bonds and a $2bn loan from ...

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 ...

The US chip manufacturer Wolfspeed wanted to expand in Germany with chips for electric cars. The company has now reached an ...

According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say will ...

Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would ...

Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc. under a proposal ...