Wolfspeed's Wild Ride: From Bankruptcy to Boardroom Shakeup
Update: 2025-09-30
Description
Wolfspeed's stock skyrocketed after emerging from bankruptcy with 70% less debt, handing creditors the majority stake and installing a new board. Despite investor excitement fueled by demand for its silicon carbide chips in EVs and AI, a high short interest indicates skepticism about the chipmaker's long-term stability amid market volatility and trade uncertainties. Can Wolfspeed maintain momentum and regain investor trust in this new chapter?
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