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As it works to shovel its way out of $6.7 billion in debt by analyzing both "in court or out of court options," Wolfspeed is ...
Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and ...
NEW YORK (Reuters) -Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer ...
including a potential sale, according to a letter reviewed by Reuters. Jana, which owns what it called a "significant" stake in Wolfspeed, wrote in the letter that it is high time for the 37-year ...
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Why Wolfspeed Plummeted 47% in MarchLayoffs, a new CEO, and CHIPS Act uncertainty Wolfspeed had a tough month on several fronts. On March 6, Wolfspeed announced it would lay off another 180 people as part of cost-saving efforts, and ...
In a quarterly earnings report released on Wednesday, Wolfspeed confirmed its plans to close its chip-making plant at its campus in Durham. A spokesperson for Wolfspeed said the 150mm device fab ...
Inside Wolfspeed’s corporate headquarters near Research Triangle Park, North Carolina. Brian Gordon bgordon@newsobserver.com The Durham semiconductor manufacturer Wolfspeed will lay off around ...
U.S. efforts to reshore chip production should be a boon for a manufacturer like Wolfspeed. Its debt-burdened balance sheet may hinder it from taking advantage. Wolfspeed, which makes its silicon ...
which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer maker, according to a regulatory filing made on Thursday.
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