Struggling Semiconductor Firm Wolfspeed Files for Bankruptcy Wolfspeed Inc , a chipmaker caught in President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a creditor-backed plan to slash $4 6 billion in debt
Chipmaker Wolfspeed Hits Ch. 11 With Plan To Ax $4. 6B Debt Semiconductor maker Wolfspeed Inc filed for Chapter 11 protection in Texas bankruptcy court Monday with a plan supported by its senior lenders to slash about $4 6 billion of debt and emerge from
Chipmaker Wolfspeed files for bankruptcy but will remain . . . Yesterday, Wolfspeed announced that the recently signed restructuring agreement with Japan’s Renesas had received broad support from stakeholders In order to implement these plans, the company voluntarily filed for Chapter 11 bankruptcy Wolfspeed expects to emerge from this process by the end of
Chipmaker Wolfspeed to file for bankruptcy To move forward with the financial restructuring, Wolfspeed said it will soon file for Chapter 11 bankruptcy and complete the process by the end of September The silicon carbide supplier plans to