The company was promised $750 million from the government under Joe Biden’s Chips Act, but receiving it may be a problem.

Wolfspeed reported fiscal third-quarter sales declined and its loss widened as revenue at the chipmaker's Materials Products ...

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Wolfspeed's shares have fallen about 33% so far this year, after losing about 85% of their value in 2024. "Difficulties ...

Chinese automaker BYD and metals group Tsingshan have not said they are backing out of planned investments in Chile, the ...

Semiconductor stocks were in focus on Friday after a handful of companies in the sector reported quarterly results. Read for ...

Wolfspeed was downgraded by both JPMorgan and Citi to Underweight/Sell in notes Friday, citing worsening demand, macro uncertainty, and financial stress that now includes concerns over its ability to ...

Expedia Group shares dipped 9.8% to $152.40 in the pre-market trading session. Join Plus500 today and get up to $200 to start ...

The Details: Wolfspeed reported quarterly losses of 72 cents per share, which beat the analyst consensus estimate of losses ...

Chipmaker Wolfspeed forecast 2026 revenue below Wall Street estimates and reported a 7% decline in third-quarter revenue on Thursday, sending its shares down 11% in extended trading.

DURHAM, N.C. — DURHAM, N.C. — Wolfspeed, Inc. (WOLF) on Thursday reported a loss of $285.5 million in its fiscal third quarter. On a per-share basis, the Durham, North Carolina-based company said it ...