Wolfspeed faces shareholder lawsuits
My boss, Dave Mildenberg, took a look last week at Wolfspeed’s problems, which include a widely-shorted stock and a $575 million balloon payment to note-holders that’s due next year. Oh, and the country’s new president doesn’t like the CHIPS Act, which is supposed to help underwrite the cost of Wolfspeed’s...
May 1, 2025