Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Julius Wong	12/1/2025 11:42:24 AM
	2 Recommendations Recommended By Kirk © Return to Sender Read Replies (1) of 95574

Wolfspeed receives $698.6M in cash tax refunds Dec. 01, 2025 8:42 AM ET By: Preeti Singh, SA News Editor Wolfspeed ( WOLF) shares jumped as much as 14% premarket on Monday after the company said it received $698.6 million in cash tax refunds from the IRS under the Advanced Manufacturing Investment Credit (AMIC) program. The refund represents a significant step in the monetization of the ~$1 billion of Section 48D cash tax refunds accrued from the AMIC. In fiscal 2025, Wolfspeed ( WOLF) received $186.5 million in cash tax refunds related to its fiscal 2023 and fiscal 2024 federal tax filings. With these funds, Wolfspeed ( WOLF) now holds roughly $1.5 billion in cash, giving it more financial room as it advances the ramp of its 200mm silicon carbide manufacturing footprint. As per the agreement with the senior secured lenders, Wolfspeed ( WOLF) plans to allocate $192.2 million of the refund toward retiring ~$175 million of outstanding debt, with the remaining funds for general corporate purposes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next