Wolfspeed reaches agreement with creditors and plans to file for bankruptcy.

From Investing.com: 2025-06-22 22:15:00

Wolfspeed, a manufacturer of semiconductor products, has reached an agreement with its creditors and is planning to file for bankruptcy. The company has been struggling financially, with a debt of $850 million. Wolfspeed hopes that the bankruptcy filing will help restructure its finances and ensure its long-term viability in the market.



Read more at Investing.com: Wolfspeed reaches agreement with creditors, plans bankruptcy filing