Plus, peek inside Raleigh’s newest data center, a Duke researcher reflects on her canceled federal grant amid buyouts, and ...

Wolfspeed faces potential bankruptcy, with shares plummeting 60%. Check out the risks and implications for investors in ...

Wednesday after a report indicated that the company is preparing to file for bankruptcy in the next few weeks. The chip ...

Wolfspeed brings back a familiar face to help steer the company through turbulent financial waters.

Wolfspeed ( WOLF 34.77%) was trading around $0.97 per share at 10 a.m. Wednesday. Shares had dropped 69% from Tuesday's close after a Wall Street Journal report Tuesday evening that the company is ...

The company was promised $750 million from the government under Joe Biden’s Chips Act, but receiving it may be a problem.

Wolfspeed shares were down 58% to $1.31 after hours on Tuesday as The Wall Street Journal, citing sources, said the company is preparing to file for bankruptcy within a matter of weeks. The maker of ...

The Durham-based chipmaker said it is cutting its management team by 30% and negotiating with lenders as it faces a looming ...

NEW YORK (Reuters) -Activist investor Jana Partners ... Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Wolfspeed reported fiscal third-quarter ...

Wolfspeed CEO Robert Feurle faces tough questions about the company's financial challenges. Wolfspeed's high-stakes transformation faces critical juncture Wolfspeed CFO to exit at critical ...

Meanwhile, Wolfspeed said it is holding "constructive dialogue" over federal funding from the Biden administration's 2022 Chips Act with the ... and individual investors. These products and ...

Even though the company met expectations for its fiscal third quarter earlier this month, investors ... Act, which was designed to bring more of the semiconductor supply chain stateside ...