Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders (Sujeet Indap/Financial Times)

Sujeet Indap / Financial Times:
Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders  —  Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent

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