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Wolfspeed Plans Bankruptcy

Chipmaker Wolfspeed to file for bankruptcy

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

Barron's on MSN · 3d

Wolfspeed Stock Tumbles 30% Amid Bankruptcy Plan. What Comes Next.

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

Mint · 1h

Wolfspeed Plans Bankruptcy After Clinching Deal With Creditors

Wolfspeed Inc. is planning to file for bankruptcy by July 1 with a deal to slash its debt by about $4.6 billion and hand over control to convertible noteholders.

WKTV NewsChannel 29h

Wolfspeed "Here to Stay" in Marcy, Co-Founder Says Ahead of Bankruptcy

Dr. John Edmond told NEWSChannel 2 that Wolfspeed, the company he co-founded, will keep it's Marcy manufacturing plant open ...

8don MSN

Chipmaker Wolfspeed Nears Bankruptcy Deal With Lenders Including Apollo

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

2WOLF : What's Going On With Wolfspeed Shares Today?

Wolfspeed Inc. (NYSE: WOLF) shares plunged over 30% on Monday following reports suggesting the company plans to file for ...

TMCnet4d

Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed

Details of Loss As announced in July 2023, Renesas entered into the silicon carbide wafer supply agreement with Wolfspeed, and through Renesas' wholly owned subsidiary in the United States, it ...

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Wolfspeed Plans Bankruptcy

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