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Wednesday after a report indicated that the company is preparing to file for bankruptcy in the next few weeks. The chip ...
The chip company’s stock was down 25% during midday trading on Friday, after it reported its March-quarter results and offered no guidance for the June quarter. Wolfspeed report ...
The asset manager ranks high in the chip maker’s $6.5 billion debt stack.
Wolfspeed faces steep losses, rising debt, and restructuring challenges amid stalled revenue growth and no Q4 guidance. Learn why WOLF stock is a hold.
Wolfspeed's new CEO faces a pivotal moment as the chipmaker grapples with billions in debt. Wolfspeed's high-stakes transformation faces critical juncture Departing Wolfspeed exec lands $625K ...
These changes occur as Wolfspeed continues to engage with lenders to improve its capital structure amid ongoing financial restructuring efforts. This article was generated with the support of AI ...
Despite the EPS beat, the company is facing significant challenges, including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed ...
"We appreciate his commitment to staying on to support our efforts to strengthen the ... and potential increases to its restructuring costs; Wolfspeed’s ability to obtain additional funding ...
Wolfspeed Inc. shares collapsed by nearly 68% on Wednesday, reflecting deepening investor alarm over the chip supplier’s ...
The chip company is looking at a Chapter 11 plan after passing on other debt-restructuring proposals ... among other efforts. As of March 31, Wolfspeed said it had $1.3 billion in cash - but ...