Wolfspeed is a structurally broken story: the Mohawk Valley fab ramp is consuming cash at unsustainable rates while EV SiC demand softens and Chinese suppliers flood the market. The CHIPS Act funding remains conditional and balance sheet stress is acute with debt maturities approaching. Customer LTSAs are being deferred or renegotiated. Bankruptcy risk is not zero.
Signals scoped to US · Company-specific tagging coming soon.