Wolfspeed, a Silicon Carbide Chip Maker, Emerges Strong from Bankruptcy Protection, with Stock Soaring Over 25% in Pre-Market Trading
1 week ago / Read about 0 minute
Author:小编   

Wolfspeed, a prominent manufacturer specializing in silicon carbide chips, has successfully navigated through the bankruptcy reorganization process as outlined in Chapter 11 of the U.S. Bankruptcy Code. This strategic move has substantially alleviated the company's debt load. In the wake of this positive development, Wolfspeed's stock price experienced a remarkable surge, climbing more than 25% during Tuesday's pre-market trading session.