Wolfspeed, the US-based chip component maker, is reportedly preparing to file for bankruptcy—sending shockwaves through the ...

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These developments reflect Wolfspeed’s ongoing efforts to realign its business strategy and financial structure. This article was generated with the support of AI and reviewed by an editor. For ...

The company is targeting an EBITDA breakeven point at $800 million and expects to receive $600 million in tax credit refunds by FY2026. Analyst firms have not provided upgrades or downgrades in the ...

Google Cloud urges Korea to enhance cybersecurity against state-sponsored hacking Google Cloud calls for stronger protective ...

Amid booming demand for next-gen technology, one US chipmaker is struggling to stay afloat under the weight of mounting debt ...

Wolfspeed faces severe financial distress, considering Chapter 11 bankruptcy as it seeks to refinance a portion of its debt as it faces ongoing losses. Leadership changes and efforts to diversify ...

To supplement the Company's consolidated financial statements presented in accordance with generally accepted accounting principles, or GAAP, Wolfspeed uses non-GAAP measures of certain components ...

Wolfspeed's stock is recovering somewhat today after losing nearly 60% this month. The stock may be getting a boost from ...