Wednesday after a report indicated that the company is preparing to file for bankruptcy in the next few weeks. The chip ...

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

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

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

Wolfspeed ( WOLF 34.77%) was trading around $0.97 per share at 10 a.m. Wednesday. Shares had dropped 69% from Tuesday's close after a Wall Street Journal report Tuesday evening that the company is ...

A once-prominent tech firm is preparing to file for bankruptcy after years of financial struggles and missed growth ...

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

Apollo Global Management, one of the biggest creditors to Wolfspeed, is in talks with investment bank Moelis about a restructuring, The Wall Street Journal reported Tuesday. Goldman Sachs ...

The asset manager ranks high in the chip maker’s $6.5 billion debt stack.

"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 ...

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 ...