According to the , citing an official statement, Japanese chipmaker Renesas has clarified that ongoing issues with Wolfspeed ...

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

The severity of Wolfspeed’s situation has prompted its creditors to offer $600 million in new funding to help the company avoid bankruptcy. This development highlights the existential crisis ...

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 ...

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 ...

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.

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 ...

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).