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Wolfspeed files for bankruptcy protection to cut worsening debt

June 30 (Reuters) - Wolfspeed WOLF.N said on Monday it has filed for Chapter 11 bankruptcy protection, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial markets.

 (Reporting by Jaspreet Singh in Bengaluru; Editing by Alan Barona)

 ((Jaspreet.Singh@thomsonreuters.com; on X @i_jass))

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