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Wolfspeed's stock faces a 90% drop and high short interest. The upside is huge if Wolfspeed can find that path. Read here for ...
The semiconductor company is in ongoing discussions with lenders such as Apollo and Renesas, and is also in talks with the U.S. government to obtain federal funding under the CHIPS Act. Wolfspeed ...
Wolfspeed shares have sunk roughly 49% to $2.72 as of 1:25 p.m. New York time. Based on where the company’s stock is currently trading, a conversion to equity is unlikely unless that price reaches $47 ...
Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes companies in line for federal semiconductor ... Those talks are now delayed, and it ...
Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes for companies in line for federal semiconductor subsidies to substantially expand their US ...
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These Stocks Moved the Most Today: Tesla, AppLovin, Lululemon, Nvidia, CoreWeave, Wolfspeed, and MoreStocks fell sharply Friday after fresh data revealed U.S. core inflation rose more than expected in February and consumer sentiment dropped again. These stocks made moves Friday: Tesla sank 3.5% ...
The semiconductor company is in ongoing discussions with lenders such as Apollo and Renesas, and is also in talks with the U.S. government to obtain federal funding under the CHIPS Act. Wolfspeed’s ...
Wolfspeed's shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States ...
Wolfspeed's new CEO faces a daunting financial landscape as he prepares to take the helm of the Durham-based semiconductor ...
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