Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and ...

According to Bain Capital, global telecom M&A took a breather in Q1 2025. Deal value dropped to $16 billion—down from $22 ...

Wolfspeed faces imminent bankruptcy with collapsing margins, widening losses, and no path to profitability. Discover why it's ...

Wolfspeed's shares have fallen about 33% so far this year, after losing about 85% of their value in 2024. Chipmaker Wolfspeed's shares fell 23% on Friday after it raised going-concern doubts and ...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”), a global leader in silicon carbide technology, today announced the ...

Layoffs, 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 ...

Shares of silicon carbide chipmaker Wolfspeed (NYSE: WOLF) plunged 47.1% in March, according to data from S&P Global Market Intelligence. Wolfspeed is in a tough spot in an already-adverse ...

Wolfspeed picked a new CEO last night. The new CEO has a lot of work to do as Wolfspeed burns through its cash and deals with its boatload of debt. Job No. 1 will be to generate positive free cash ...

March 28 (Reuters) - Wolfspeed's (WOLF.N), opens new tab shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised ...

Wolfspeed (NYSE: WOLF) plans to layoff around 180 workers, primarily in its materials operations. The move will impact employees at its Durham headquarters campus as well as in Chatham County ...

Wolfspeed (NYSE: WOLF), a producer of silicon carbide (SiC) chips, was once a red-hot semiconductor stock. Its shares surged to a record high of $141.87 on Nov. 16, 2021, clocking in a near-470% ...