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The company ended FQ3 with a cash balance of $1.3 billion and has access to another $600 million via Section 48D tax refunds bringing liquidity to nearly $2 billion. The issue is that Wolfspeed ...
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 ...
According to the , citing an official statement, Japanese chipmaker Renesas has clarified that ongoing issues with Wolfspeed ...
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 ...
with $865 million already accrued and over $600 million anticipated in fiscal 2026. Wolfspeed plans to use the funds to strengthen its capital structure and support general operations, projecting ...
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MarketBeat on MSNAmong the Market's Most Shorted: 2 Firms With +40% Short InterestIn a market increasingly driven by speculation and sentiment, two stocks have emerged as battlegrounds for bearish investors: ...
Wolfspeed has accrued $865 million in tax credits so far and anticipates receiving an additional $600 million in fiscal 2026. The company said it plans to use the proceeds to support its capital ...
An American flag flies above Wolfspeed prior ... forecast from $300 million to less than $200 million (this “capex” forecast had previously been as high as $600 million).
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.
Shares of Durham-based chipmaker Wolfspeed plunged in after-hours trading ... adding that the company expects to receive about $600 million in cash tax refunds during the next fiscal year.
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