Wolfspeed (WOLF) shares cratered 40% during post-market trading on Tuesday after the Wall Street Journal reported the ...

Wolfspeed (WOLF) makes silicon-carbide technology that is used in automobiles, as well as in other chip components. Even ...

Wolfspeed Inc. shares collapsed by nearly 68% on Wednesday, reflecting deepening investor alarm over the chip supplier’s ...

Wolfspeed faces steep losses, rising debt, and restructuring challenges amid stalled revenue growth and no Q4 guidance. Learn ...

On Wolfspeed’s WOLF earnings call after the bell Thursday, the company said it is focused on improving its finances, and has ...

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 ...

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 ...

including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed shares to $3.00 from $7.00, maintaining a Sell rating due to ...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE ... industry experience and deep expertise in accounting, finance and restructuring. Their backgrounds position them well to help the Board ...

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 ...