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: ...

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.

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 ...

The chip company is reportedly preparing to file for bankruptcy as it deals with mounting debt Shares of Wolfspeed Inc. slid ... company was consuming about $600 million in cash per quarter ...

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.

Wolfspeed was set to lose more than $150 million from its market value of $689.2 million, if losses hold. It said it expects to receive $600 million of cash tax refunds during fiscal 2026 under ...

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).