U.S. Chipmaker Wolfspeed Poised to Reach Bankruptcy Accord with Creditors
2 day ago / Read about 0 minute
Author:小编   

Insiders reveal that struggling chipmaker Wolfspeed is poised to be acquired by creditors, including Apollo Global Management. Pursuant to a proposed agreement, Wolfspeed will embark on bankruptcy proceedings, aimed at significantly reducing its debt burden by billions of dollars.