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Breaking News: US Chipmaker Wolfspeed Expected to File for Bankruptcy, Shares Dive Nearly 60% in After-Hours Trading
2025-05-21 /
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Author：小编
Insider sources have revealed that Wolfspeed, a leading American manufacturer of silicon carbide (SiC) chips, intends to file for bankruptcy within the coming weeks due to insurmountable debt issues. This startling announcement sent the company's share price tumbling by nearly 60% during after-hours trading. Wolfspeed is currently grappling with the dual challenges of sluggish demand in both the industrial and automotive sectors, compounded by tariff uncertainties. It is noted that the company has declined multiple proposals for out-of-court debt restructuring and is now poised to seek bankruptcy protection, a decision anticipated to garner the support of a majority of its creditors.
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