View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen
(Corrects headline and paragraph 1 in Oct. 29 story to say Wolfspeed forecast second-quarter revenue below estimates, not that it reported a lower profit; adds LSEG estimate in paragraph 10)
(Reuters) -Wolfspeed on Wednesday forecast second-quarter revenue below analyst estimate, highlighting the challenges facing the U.S. chipmaker as it recovers from bankruptcy and confronts subdued demand.
