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With respect to electric vehicles (EVs), silicon carbide aids in helping inverters manage power flow from batteries to the motors, assisting in increased efficiency and range for the EVs; similarly, ...
Whether something is worked out or not, as this headline suggests there is no plan, Wolfspeed’s current capital structure and margins are simply unsustainable. Rescue financing appears to be a ...
Earlier this month, Wolfspeed was considering a possible debt restructuring plan, and several junior creditors and other investors were in discussions to offer rescue financing in an effort to ...
Wolfspeed, a Durham-based silicon carbide semiconductor business, has plenty on its plate these days amid media reports of an impending ...
These leadership changes occur amid challenging financial results, with Q3 sales declining to $185.4 million and an increased net loss of $285.5 million. These... Wolfspeed (NYSE:WOLF) recently ...
Wolfspeed has appointed an interim Chief FInancial Officer, who will hold the position as the company conducts a search for a ...
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 ...
Shares of Wolfspeed plunged following a report that interim Executive Chairman Thomas Werner said the 2022 Chips Act is expected to evolve under the Trump administration. The stock was down 48% to ...
The severity of Wolfspeed’s situation has prompted its ... traditional silicon chips for electric vehicles, the company’s financial reality raises serious questions about its viability as ...
JIM WATSON / AFP via Getty Images Wolfspeed said it could get up to $2.5 billion from government and investor money infusion. The semiconductor maker received a proposed $750 million from the ...
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only.