How Did This Chip Giant Experience a 99% Plunge Over Four Years and Head Towards Bankruptcy?
In recent years, Wolfspeed, a leader in global silicon carbide (SiC) technology, saw its stock price plummet by 50% on Friday, announcing measures to improve its capital structure amid growing concerns about its balance sheet and financing prospects. The company has undergone a dramatic shift from industry peak to deep trouble. Once highly regarded for … Read more