The layoffs come on the heels of the company’s third quarter financial report, which saw revenue take a $20 million hit.

The cuts come as the Durham chipmaker has been working to reduce operational costs and manage debt amid uncertainty over ...

SILER CITY, N.C. (WTVD) -- Wolfspeed has announced that layoffs will be coming to its plant in Siler City. A Worker Adjustment and Retraining Notification (WARN) obtained by ABC11 shows 73 jobs are ...

Rapido will charge commissions ranging from 8% to 15%. These rates are well below the 16% to 30% typically charged by Swiggy ...

Reports of a likely bankruptcy filing by the US-based silicon carbide (SiC) wafer maker have been sending shockwaves through ...

With respect to electric vehicles (EVs), silicon carbide aids in helping inverters manage power flow from batteries to the ...

A spate of top executive changes, high debt load, and reports of a potential, pending bankruptcy filing sent Wolfspeed Inc.’s ...

A potential bankruptcy filing by US-based silicon carbide (SiC) wafer maker Wolfspeed is stirring concern across the global ...

The potential bankruptcy of American Silicon Carbide (SiC) wafer maker Wolfspeed could have ripple effects on India's ...

In a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: Wolfspeed and Kohl’s. Both names currently rank among the most heavily ...

Wolfspeed, a U.S.-based silicon carbide (SiC) wafer vendor, is reportedly on the brink of filing for bankruptcy due to fierce ...

TrendForce adds that while Renesas has reportedly decided to halt in-house production of SiC power chips, the company does ...