News

The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday, officially starting a ...
Wolfspeed stock soared on restructuring news, but debt markets remain cautious. Explore the valuation disconnect and market ...
The homegrown Triangle technology manufacturer filed for Chapter 11 bankruptcy protection as part of a previously announced ...
Wolfspeed completed its Siler City plant in March 2024. The company says it expects to receive a full certificate of occupancy this month, which would let the company begin production.
The company says it's part of a restructuring agreement that will eliminate nearly $5 billion in debt and give its creditors ...
“Wolfspeed has implemented a workforce adjustment at its materials facility in Siler City, N.C., to align staffing with near-term customer demand,” the company said in a statement on Wednesday.
Wolfspeed completed its Siler City plant in March 2024. The company says it expects to receive a full certificate of occupancy this month, which would let the company begin production.
The company also recently laid off 73 workers at its Siler City facility, according to a WARN notice filed with the state.
Wolfspeed, the anchor of one of the region’s megasite campuses, has eliminated at least a third of its current workforce at the Siler City manufacturing plant. The N.C. Commerce Department said ...
A Chatham County chipmaker will be laying off some employees. According to multiple reports, the Durham-based company will let go 73 employees. That’s about one-third of its workforce at the plant, ...
Wolfspeed, the silicon carbide power solutions company headquartered in North Carolina once in line for three-quarters of $1 ...
Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...