Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders (Sujeet Indap/Financial Times)

Sujeet Indap / Financial Times: Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders  —  Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent

Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders (Sujeet Indap/Financial Times)

Sujeet Indap / Financial Times:
Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders  —  Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.