Wolfspeed, a North Carolina-based chipmaker for EVs, says it made a deal to cut its almost $6.5B debt in a bankruptcy package that nearly wipes out shareholders Sujeet Indap / Financial Times : Financial Times 2025-06-23 Sujeet Indap EVs, Sujeet Indap / Financial Times, North Carolina Related Coverage Wolfspeed Plans Bankruptcy After Clinching Deal With Creditors Bloomberg Wolfspeed to file for bankruptcy as part of major restructuring plan Tech Monitor Wolfspeed to file for Chapter 11 in deal cutting 70% of debt The Register Wolfspeed Stock Dives. Why It Is Filing for Bankruptcy and What Happens Next. Barron's Online Chipmaker Wolfspeed reaches agreement with creditors, plans bankruptcy filing Reuters Wolfspeed to file for bankruptcy Triangle Business Journal