Wolfspeed Stock News

After Wolfspeed (WOLF 4.32%) stock plummeted 84.7% in 2024, investors had high hopes that shares would rebound in 2025 and ride the bullish wave that had recently driven so many semiconductor stocks soaring. With the first half of 2025 nearly in the books, investors are still waiting.

Shares of Wolfspeed (WOLF 15.00%) are spiking on Wednesday. The chipmaker's stock was up 17.2% as of 2:21 p.m.

In a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: Wolfspeed NYSE: WOLF and Kohl's NYSE: KSS. Both names currently rank among the most heavily shorted on Wall Street, with short interest exceeding a staggering 40% of their floated shares.

Wolfspeed, Inc. faces severe financial distress, with bankruptcy rumors and an 78% stock drop, but I believe the worst is priced in. Gallium nitride technology demand is surging, especially after Nvidia's recent deal, positioning Wolfspeed's tech for a potential turnaround. Despite debt and missed CHIPS Act funding, Wolfspeed's low valuation and strategic assets make it an attractive acquisitio...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed” or the “Company”) today announced that David Emerson, Ph.D. has been appointed Executive Vice President and Chief Operating Officer, a newly created role responsible for overseeing operational excellence across the Company's 200-millimeter facility footprint, reducing customer lead times, and manufacturing leading silicon ...

U.S. equities were mixed at midday as the market watched developments in Washington on the Republicans' tax cut and spending bill. The Dow Jones Industrial Average and S&P 500 declined, while the Nasdaq was up.

Wolfspeed Inc (NYSE:WOLF) shares plunged almost 70% after the Wall Street Journal (WSJ) revealed the chipmaker is preparing to file for Chapter 11 bankruptcy within weeks due to its inability to manage its substantial debt load, which totals around $6.5 billion. According to the report, which cited sources with knowledge of the matter, the company has rejected multiple out-of-court debt restruc...

The chip company is reportedly preparing to file for bankruptcy as it deals with mounting debt.