Former silicon carbide giant Wolfspeed is preparing to file for bankruptcy, plunging 50% in after-hours trading on the US stock market

Wallstreetcn
2025.05.21 00:10
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American semiconductor company Wolfspeed is preparing to file for bankruptcy, and the creditors' debt restructuring proposal has been approved. The company's stock price plummeted nearly 50% in after-hours trading on the US stock market. Investors should exercise caution, as there are risks in the market