Key Points A bankruptcy court approved Wolfspeed's plan, clearing a path to exit Chapter 11 within weeks and slashing its debt. Despite balance-sheet relief, execution challenges, and a pressured EV end market, the turnaround remains high-risk. 10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) skyrocketed this week, finishing up 86.4%. The rise comes as the S&P 500 and Nasdaq-100 gained 1.6% and 1.9%, respectively. The embattled chipmaker's stock jumped this week after the ...

Based at CEA-Leti, Collaboration Focuses on Materials Engineering Solutions To Enable More Energy-Efficient AI Data CentersSANTA CLARA, Calif. and GRENOBLE, France, June 16, 2025 (GLOBE NEWSWIRE) -- Applied Materials, Inc. and CEA-Leti today announced the next phase of their longstanding collaboration to accelerate innovation in specialty semiconductors. Under a memorandum of understanding (MOU), the organizations plan to expand their joint lab and develop materials engineering solutions to address emerging ...