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Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and ...
Wolfspeed faces potential bankruptcy, with shares plummeting 60%. Check out the risks and implications for investors in ...
Wolfspeed is preparing to submit a Chapter 11 plan that would be supported by the majority of its creditors, according to the report, citing sources familiar with the matter. Wolfspeed said in ...
The chip company’s stock was down 25% during midday trading on Friday, after it reported its March-quarter results and ...
The asset manager ranks high in the chip maker’s $6.5 billion debt stack.
(This includes the impact of an at-the-market ... So between current cash and tax credit proceeds next year (which total ~$1.9 billion), Wolfspeed should be able to manage ~$200 million in cash ...
Wolfspeed excludes the financial impact of this agreement because Wolfspeed believes it is not reflective of the ongoing operating results of Wolfspeed's business. Gain (loss) on equity ...
Oneida County Executive Anthony Picente reacted to the news of a possible bankruptcy filing by Wolfspeed in the coming weeks.