In a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: ...

On May 11, Wolfspeed was thrown a possible lifeline as its junior creditors offered $600 million in rescue financing to refinance a large convertible bond coming due in 2026 and provide fresh capital.

In a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: Wolfspeed and Kohl’s. Both names currently rank among the most heavily ...

This payment is part of the total returns Wolfspeed plans to get from the government tax credit scheme, which is about $1 billion. In fiscal year 2026, more than $600 million should come in.

The Company expects receipt of more than $600 million in cash tax refunds in fiscal year 2026. Wolfspeed intends to use the tax credit proceeds to strengthen its capital structure and for general ...

Tax credit proceeds in FY26 alone are supposed to be $600 million. Wolfspeed is guiding for unlevered free cash flow of $200 million next year; that suggests somewhat manageable burn (cash ...

Thank you for joining the Wolfspeed Incorporated Third Quarter ... we expect to submit for a 48D tax credit refund of approximately $600 million. Additionally, we continue to work on our ...

DURHAM, N.C., November 06, 2024--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2025.

of Commerce approved $76 million for Wolfspeed through a Job Development Investment Grant – if the company can hire 1,800 workers by 2030. Wolfspeed also stands to receive more than $600 million ...

Both Wolfspeed and Nvidia have developed cutting ... The semiconductor market is forecast to reach more than $600 billion in 2024, and rise to $1 trillion by 2030, making investments in chip ...