Wolfspeed's Wild Ride: From Bankruptcy to Meme Stock?
Update: 2025-10-01
Description
Wolfspeed's stock exploded after exiting bankruptcy, fueled by debt reduction and meme stock hype, but existing shareholders got wiped out in the restructuring. Is this a genuine turnaround for the silicon carbide chipmaker in the EV market, or just a short-lived trading surge? New board members are in place, but can Wolfspeed deliver on its promises and maintain this momentum?
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