The Durham semiconductor supplier says it will use the money to fuel its new direction as its North Carolina plant remains ...
Officials said that the refund is a step forward in the monetization of about $1 billion in cash tax refunds through Section ...
Wolfspeed has announced that its automotive SiC MOSFETs will power onboard charger systems for Toyota's battery electric vehicles (BEVs). “Toyota is known for its uncompromising approach to quality ...
Mixed options sentiment in Wolfspeed (WOLF), with shares down 86c near $19.00. Options volume relatively light with 854 contracts traded and puts ...
A significant development for Wolfspeed's balance sheet occurred in early December. The company received a tax refund of nearly $699 million under the U.S. CHIPS and Science Act. This injection of ...
Two companies with big central North Carolina footprints have plants just miles apart but have lately had very different ...
Wolfspeed (WOLF) announced that its automotive MOSFETs will power onboard charger systems for Toyota (TM). Wolfspeed’s silicon carbide components ...
Shares of Wolfspeed ( WOLF +9.97%) jumped on Tuesday, finishing the day up 10.1%. The spike came as the S&P 500 and Nasdaq Composite gained 0.9% and 0.6%, respectively. The stock is continuing to gain ...
That all sounds great, until you realize that last year alone, Wolfspeed burned through nearly $ 2 billion in cash -- and ...
Wolfspeed has landed one of its most high-profile supply deals yet, with the chipmaker set to deliver components for Toyota.
Wolfspeed anticipates receiving approximately $1 billion in total refunds, underscoring that the pipeline of government ...
The money strengthens the chipmaker’s balance sheet post-bankruptcy and accelerates the production ramp of its 200-millimeter wafers.