A U.S. manufacturer of silicon carbide power chips, Wolfspeed, Inc. (NYSE:WOLF) has been under increasing financial strain as a result of weak demand in the automotive and industrial sectors and ...

As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor ...

In other words, Wolfspeed’s situation is more than a company in crisis. Now, let’s take a closer look at ... Third, and probably most important, are Wolfspeed’s financial headwinds. It’s carrying $6.5 ...

Wolfspeed (NASDAQ: WOLF), a pioneer in silicon carbide semiconductor technology for the electric vehicle market, is facing severe financial distress ... the existential crisis facing the silicon ...

Falling prices and narrowing technological gaps have driven a sharp deterioration in Wolfspeed's financial performance ... The ripple effects of Wolfspeed's crisis are acutely felt by Renesas ...

Wolfspeed has appointed an interim Chief FInancial Officer, who will hold the position as the company conducts a search for a permanent CFO.

JPMorgan added that “significant changes in the management team create a challenging path” to reach Wolfspeed’s goal of positive operating cash flow by fiscal 2026. Related articles Wolfspeed cut by ...

To supplement the Company's consolidated financial statements presented in accordance with generally accepted accounting principles, or GAAP, Wolfspeed uses non-GAAP measures of certain components ...

A Wall Street Journal article citing sources with knowledge of the situation claims that Wolfspeed, Inc. (NYSE:WOLF) is getting ready to declare Chapter 11 bankruptcy in the upcoming weeks.