📊Executive Summary

Wolfspeed, a significant player in the silicon carbide sector, filed for Chapter 11 bankruptcy on June 30, 2025, due to a $4.6 billion debt and declining demand from the EV and industrial markets. This bankruptcy is part of a larger trend of increasing corporate restructurings in the semiconductor industry, which disrupts sourcing practices and can lead to component obsolescence and supply shortages. Procurement teams must adapt quickly to these changes, as they can significantly impact component availability, pricing, and product design roadmaps. The article highlights the risks associated with such corporate distress events and emphasizes the need for proactive sourcing strategies to mitigate potential disruptions....