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Wolfspeed Reportedly Prepping Bankruptcy Filing After Snubbing Debt Deals, Buckling Under $6.5 Billion Burden—Stock Plunges Over 60%

Summary

Silicon carbide component manufacturer Wolfspeed Inc. (NYSE: WOLF) is preparing to file for prepackaged Chapter 11 bankruptcy protection in the coming weeks.

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Article published on May 21, 2025 by benzinga