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Wolfspeed’s stock more than halves its value as bankruptcy ... - MSNWolfspeed declined a request for comment but pointed to a statement from ... The company also said it is planning to “submit for approximately $600 million in Section 48D tax credit refunds ...
Wolfspeed must close funding gaps and prove its plan ... 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 ...
Wolfspeed, Inc. (NYSE: ... the Company had accrued a total of $865 million in Section 48D tax credits. The Company expects receipt of more than $600 million in cash tax refunds in fiscal year 2026.
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 ...
Wolfspeed has been undergoing a challenging strategic shift, ... adding that the company expects to receive about $600 million in cash tax refunds during the next fiscal year.
Wolfspeed posted a 55% increase in first quarter sales for the fiscal year 2023, with revenues reported at $241 million, although accompanied by a $75 million operating loss.
Wolfspeed plans layoffs at Durham and Siler City NC factories as semiconductor silicon carbide company seeks cuts ... (this “capex” forecast had previously been as high as $600 million). ...
Wolfspeed (WOLF) makes silicon ... The company also said it is planning to "submit for approximately $600 million in Section 48D tax credit refunds later this calendar year in our fiscal 2025 tax ...
Wolfspeed plans layoffs at Durham and Siler City NC factories as semiconductor silicon carbide company seeks cuts ... (this “capex” forecast had previously been as high as $600 million). ...
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