Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and Cary’s Epic Games has (finally) made Apple relax its App Store (at least for ...

The Wall Street Journal reported Tuesday afternoon that after the company rejected several proposals by creditors to ...

Wolfspeed’s stock dropped by over 60% after reports began circulating that the company is preparing to file for chapter 11 ...

Oneida County Executive Anthony Picente reacted to the news of a possible bankruptcy filing by Wolfspeed in the coming weeks.

The chip company’s stock was down 25% during midday trading on Friday, after it reported its March-quarter results and offered no guidance for the June quarter. Wolfspeed report ...

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

MARCY, N.Y. -- Shares of Wolfspeed Inc. dropped by over 60% on Wednesday. Various financial publications are reporting that the company could file for bankruptcy in the coming weeks. MarketWatch ...

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 an ...

after rejecting several out-of-court debt restructuring proposals from creditors, the report said. Wolfspeed declined to comment when contacted by Reuters. The company, which manufactures chips ...

The severity of Wolfspeed’s situation has prompted its creditors to offer $600 million in new funding to help the company avoid bankruptcy. This development highlights the existential crisis ...

The global silicon carbide (SiC) supply chain is facing renewed turbulence, driven by weakening EV demand, aggressive market ...