SiC Powerhouse Wolfspeed Poised to Declare Bankruptcy
2025-05-21 / Read about 0 minute
Author:小编   

A Wall Street Journal report on Tuesday revealed that Wolfspeed, a leading provider of silicon carbide (SiC) technology, is expected to file for bankruptcy within the coming weeks, crippled by overwhelming debt issues. This announcement triggered a steep decline of over 57% in the company's share price during after-hours trading. Wolfspeed has been grappling with various challenges, including sluggish demand in the industrial and automotive sectors, alongside the unpredictability arising from tariff policies.