Cree offering of $500M in convertible notes will fund Wolfspeed expansion
Cree Inc. offering of $500M in convertible notes will go to repay borrowing from its credit facility and to fuel Wolfspeed expansion.
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cree. semiconductors
Driven by Wolfspeed, Cree beats Street on revenue, earnings
A surge in revenues year-over-year and from the previous quarter as well lifted Cree (Nasdaq: CREE) well past Wall Street expectations Tuesday.
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