The company 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 ...

Wolfspeed, Inc. entered into a restructuring support agreement with the majority of its creditors. Click here to find out why ...

Wolfspeed (NYSE:WOLF) plunges after revealing a prepackaged bankruptcy plan to eliminate $4.6 billion of debt and secure $275 ...

Wolfspeed said it plans to file for bankruptcy today. Shares of silicon carbide chip manufacturer Wolfspeed (NYSE: WOLF) sank ...

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

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

Stocks were rising Monday, shrugging off Iran’s attack on a U.S. base in Qatar after the U.S. struck Iranian nuclear sites ...

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

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

Semiconductor outfit gutted as creditors take the reins Wolfspeed has managed to chop more than two-thirds off its $6.5 ...

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