The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday in Texas court, officially ...

Wolfspeed shares are trading sharply higher Monday morning. The company announced the appointment of Gregor van Issum as its ...

Wolfspeed filed for Chapter 11 bankruptcy Monday, June 30, a step in a previously-announced restructuring plan to reduce the ...

The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...

Under the plan, Wolfspeed expects to emerge from bankruptcy by the end of the third quarter, subject to court approval and creditor support. Creditors representing a majority of i ...

Wolfspeed, a semiconductor manufacturer with a facility in Marcy, Oneida County, has announced plans to file for Chapter 11 ...

This despite Wolfspeed ending March with $1.3 billion in cash, a significant amount for a company weighing Chapter 11. This spring, Wolfspeed rejected offers to restructure its 2026 debt ...

Silicon carbide chip maker Wolfspeed has filed for Chapter 11 bankruptcy protection in a Texas court as part of its ...

Shares of Wolfspeed climbed after the company filed a prepackaged Chapter 11 bankruptcy to restructure its debt. The stock rose 90% to 76 cents in after-hours trading following the filing on Monday.

The company called the move the "next step to implement its previously announced Restructuring Support Agreement ("RSA") with key lenders." Wolfspeed has said the RSA would slash its overall debt by ...

Wolfspeed shares are surging on Thursday. The company announced on Monday that it has initiated a pre-packaged Chapter 11 ...

Wolfspeed has filed for Chapter 11 Bankruptcy as part of its restructuring agreement with key lenders.