<p>➀ Wolfspeed is expected to file for a pre-packaged Chapter 11 bankruptcy due to $6.5 billion debt and rejected creditor restructuring proposals; </p><p>➁ The company faced a 15% revenue loss after losing Tesla and Volkswagen as customers, and its SiC market share dropped from 32% to 19% amid competition, notably from China; </p><p>➂ Utilization at its New York fab stands at 25%, and a pending $750 million CHIPS Act subsidy is now uncertain.</p>