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According to market research firm TrendForce, Wolfspeed held the top spot in the SiC market with a 33.7% share in 2024.
The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...
According to a statement from Wolfspeed, it reached a restructuring support agreement with key lenders that they say will ...
The company agreed with top creditors to exchange most of its debt for equity and file a near-term bankruptcy.
Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 8, 2025. DURHAM, N.C., April 25, 2025--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology ...
Wolfspeed has entered into a Restructuring Support Agreement (RSA)with key lenders, including holders of more than 97 percent ...
Wolfspeed faces steep losses, rising debt, and restructuring challenges amid stalled revenue growth and no Q4 guidance. Learn ... the financial outlook remains bleak despite cost-cutting efforts.
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Wolfspeed is uncertain about its future. Its stock drop shows investors are, too. - MSNWolfspeed Inc. reported fiscal third-quarter earnings in line with expectations, but uncertainty over a restructuring of its finances has investors worried. On Wolfspeed’s earnings call after ...
TD Cowen analysts suspended their rating and price target for Wolfspeed’s stock earlier this month because of its “increasing likelihood of financial restructuring.” Wolfspeed said on its ...
By taking this proactive step, the Company expects to be better positioned to execute on its long-term growth strategy and accelerate its path to profitability. This marks the positive culmination of ...
Wolfspeed shares lost nearly half their value Friday as comments by the semiconductor firm's outgoing interim Executive Chairman brought concerns about whether it will secure federal funding for ...
Wolfspeed Inc. reported fiscal third-quarter earnings in line with expectations, but uncertainty over a restructuring of its finances has investors worried. On Wolfspeed’s WOLF earnings call ...
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