As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor supplier Wolfspeed will lay off more than a third of the workers at the ...

Durham chipmaker Wolfspeed filed for Chapter 11 bankruptcy protection Monday — part of a previously announced plan to cut debt and position itself for long-term growth. The company, which has been ...

Wolfspeed's Siler City plant will be home to 1,800 permanent jobs if all goes as planned, the company has said. It will push out next-generation semiconductor materials, essential for applications ...

Gregor van Issum, who has held various finance positions within the technology industry over the past 20 years, has been ...

Why it matters: Wolfspeed's $5 billion Siler City plant, which will make silicon carbide crystals used in electric vehicles, is part of a wave of large expansions that North Carolina landed in the ...

The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday in Texas court, officially entering a reorganization effort the company says will enable it to eliminate ...

After betting on semiconductors, Wolfspeed’s resurrection depends on a plant rising in Siler City expand ...

Wolfspeed stock soared on restructuring news, but debt markets remain cautious. Explore the valuation disconnect and market implications.

The appointment coincides with the addition of Dr. David Emerson, who took over as Chief Operating Officer in May. Wolfspeed ...

Wolfspeed has been undergoing a challenging strategic shift, winding down older manufacturing units in Durham while building up more efficient and more profitable facilities in Siler City and ...

Upon completion, Wolfspeed’s planned 2 million sq ft John Palmour Manufacturing Center in Siler City, North Carolina, would be the largest silicon carbide wafer manufacturing facility in the US ...

The administration said last month that it would provide Wolfspeed with up to $750 million in direct funding to support its Siler City factory.