Renesas shares drop 5% after Wolfspeed bankruptcy, expected to negatively impact supply chain and production.

From Investing.com: 2025-07-01 04:26:00

Renesas shares dropped by 5% after supplier Wolfspeed filed for bankruptcy. The semiconductor company’s stock price fell to $26.50 per share following the news. This marks a significant decrease from its previous position. Wolfspeed’s bankruptcy filing is expected to have a negative impact on Renesas’ supply chain and future production.



Read more at Investing.com: Renesas shares fall after supplier Wolfspeed files for bankruptcy