Why wolfspeed Is Trending Today?

Explore key developments that caused wolfspeed to trend — updated as the story unfolds.

2 key events detected

July 2, 2025 at 4:50 PM

Wolfspeed, a North Carolina-based chipmaker, has filed for bankruptcy as part of a restructuring effort to turn around its business. The move reshuffles the supply chain for Silicon Carbide (SiC) technology, with Renesas and SAS among those watching the situation closely.

July 1, 2025 at 4:25 PM

Wolfspeed files for Chapter 11 bankruptcy, aiming to cut debt by 70%, causing its stock to surge over 100%.