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

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

The agreement seeks to decrease the company's debt by roughly 70%, equating to $4.6bn, and reduce annual cash interest ...

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

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

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

Wolfspeed, a US-based chipmaker, plans to file for Chapter 11 bankruptcy under a restructuring agreement to reduce its $6.5 ...

The restructuring agreement would provide the struggling chipmaker with $275 million in fresh financing by some of its ...

Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...

Wolfspeed, a semiconductor manufacturer with a facility in Marcy, Oneida County, has announced plans to file for Chapter 11 ...

The company also recently laid off 73 workers at its Siler City facility, according to a WARN notice filed with the state.

Most consequentially, Wolfspeed will convert $5.2 billion in existing convertible notes and a $2 billion prepayment from Japanese chipmaker Renesas into just $500 million in new senior notes, 95% of ...