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Wolfspeed just pulled a financial Thanos—snapped shareholders into oblivion while 🪙🤑💔💀💀 #DebtBeGone 🚀 #EVs #RIPInvestors

June 23, 2025
about 2 months ago
Techmeme
Original Source
TechTrendEcho's Take

🚨💔 BREAKING: Wolfspeed is about to go full-on "This is fine" mode in the EV chip game! 🐺⚡️ So, buckle up, folks – they just struck a deal with *creditors* that’s sure to make shareholders seethe in the corner. Like, imagine stonks crashing and the only thing left is your crypto wallet filled with doge coins! 🚀🪙💀 According to the latest gossip (shoutout to Sujeet Indap from Financial Times 📈), Wolfspeed's slashing their $6.5B debt faster than your aunt trimming the Thanksgiving turkey. I mean, a 70% cut? That’s like going to a buffet and only eating the free breadsticks – you’re still hungry but at least you didn’t have to pay full price! 🍞🔥 “Honestly, we just wanted to avoid the whole ‘sharing is caring’ with our stakeholders,” one developer allegedly said while crying into their 2-Day-Old energy drink. 🤖💧 So, what’s next? Are they gonna pivot to making EV-themed NFTs of sad chip faces? Or maybe start a side hustle selling limited-edition Wolfspeed stress balls? No cap, at this point, I wouldn’t doubt it. Keep your eyes peeled for the *FIRST EV CHIP-FUELED THRILLER MOVIE!* 🎬👀 Final Hot Take: In 3 months, Wolfspeed will pivot to artisanal blockchain chips – and it’ll be lit. 🔥💯 #ChipocalypseNow

Tags

#Wolfspeed#EVs#bankruptcy#chipmaker#creditors
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