Wolfspeed Receives $698.6 Million in Section 48D Cash Tax Refunds from IRS
Wolfspeed, Inc. New (WOLF)
Company Research
Source: Business Wire
Strengthens Liquidity Position Amidst Execution of Long-Term Strategic Plan to Capitalize in Key Growing Segments Including AI Data Centers, Aerospace and Defense and Industrial and Energy DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology and production, today announced that it has received $698.6 million in cash tax refunds from the Internal Revenue Service (IRS) from the Advanced Manufacturing Investment Credit (AMIC) under Section 48D of the Internal Revenue Code. The refund represents a significant step in the monetization of the approximately $1 billion of Section 48D cash tax refunds accrued from the AMIC. In fiscal 2025, the Company received $186.5 million in cash tax refunds related to its fiscal 2023 and fiscal 2024 federal tax filings.Following receipt of these funds, Wolfspeed’s cash balance is approximately $1.5 billion, positioning the Company with enhanced financial flexibility as it advances the ramp of its 200
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News
- Triangle scientists fight EPA + Wolfspeed quiet layoffs, NC changes law for Apple [Yahoo! Finance]Yahoo! Finance
- Wolfspeed Receives $698.6 Million in Section 48D Cash Tax Refunds from IRS [Yahoo! Finance]Yahoo! Finance
- Wolfspeed (WOLF): Assessing Valuation After Recent Share Price Volatility [Yahoo! Finance]Yahoo! Finance
- Wolfspeed (NYSE:WOLF) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=WOLF&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> toMarketBeat
- Better Chip Stock: Navitas Semiconductor vs. Wolfspeed [Yahoo! Finance]Yahoo! Finance
WOLF
Earnings
- 5/8/25 - Beat
WOLF
Sec Filings
- 12/5/25 - Form SCHEDULE
- 12/1/25 - Form 8-K
- 11/14/25 - Form EFFECT
- WOLF's page on the SEC website