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Payment aggregators are cutting prices to stay competitive, as a crowded market, shrinking margins and limited innovation ...
The potential bankruptcy of American Silicon Carbide (SiC) wafer maker Wolfspeed could have ripple effects on India's ...
Wolfspeed's stock is recovering somewhat today after losing nearly 60% this month. The stock may be getting a boost from ...
Wolfspeed, a Durham-based silicon carbide semiconductor business, has plenty on its plate these days amid media reports of an impending ...
The global silicon carbide (SiC) supply chain is facing renewed turbulence, driven by weakening EV demand, aggressive market entry by Chinese suppliers, and mounting concerns over a potential ...
Shares of the Durham semiconductor supplier Wolfspeed sunk 66% late Tuesday following a report that the major Triangle employer is preparing to file for bankruptcy. Citing sources familiar with ...
May 20 (Reuters) - Semiconductor supplier Wolfspeed (WOLF.N), opens new tab is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal ...
Werner added that the company is continuing to work closely with its lenders "on ways to address our capital structure so that Wolfspeed has a strong financial foundation to support its continued ...
Investing.com -- Wolfspeed was downgraded by both JPMorgan (NYSE:JPM) and Citi to Underweight/Sell in notes Friday, citing worsening demand, macro uncertainty, and financial stress that now includes ...
JPMorgan added that “significant changes in the management team create a challenging path” to reach Wolfspeed’s goal of positive operating cash flow by fiscal 2026. Related articles Wolfspeed cut by ...
The decision was influenced by Wolfspeed’s ongoing financial challenges, including persistent financial losses and high levels of debt, coupled with difficulties in obtaining funding through the ...