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Global Silicon Carbide Giant Wolfspeed Sees Over 28% Stock Surge in U.S. Pre-Market Trading
1 week ago /
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Author：小编
On September 30, 2025, Wolfspeed, a globally renowned manufacturer of silicon carbide, officially declared its exit from Chapter 11 bankruptcy protection as stipulated by the U.S. Bankruptcy Code. This strategic restructuring led to a nearly 70% reduction in its total debt and a significant decrease of around 60% in its annual cash interest expenses. Consequently, the company's stock price experienced a remarkable surge, climbing over 28% in U.S. pre-market trading.
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