In an interview released on Friday, Wolfspeed's CEO said his company will work to diversify its customer base, looking beyond electric vehicles. Wolfspeed is still in a precarious position, and its ...

Wolfspeed, a Durham-based semiconductor supplier, announced earlier this week that it has received $698.6 million in cash tax refunds from the Advanced Manufacturing Investment Credit (AMIC) under ...

Dec 4 (Reuters) - Cooper Companies (COO.O), opens new tab said it is initiating a formal strategic review aimed at identifying opportunities to enhance long-term shareholder value, sending shares up ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Wolfspeed secured nearly $700M in CHIPS tax rebate for Siler City materials plant After Chapter 11 and mass layoffs, Wolfspeed exited ...

Wolfspeed said it received nearly $700 million in cash tax refunds from the Internal Revenue Service. Following receipt of these funds, the semiconductor company said its cash balance will be ...

The IRS just cut Wolfspeed a check for $698.6 million. Wolfspeed expects to eventually reap $1 billion-worth of Advanced Manufacturing Investment Credits. Citing Section 48D of the Internal Revenue ...

Wolfspeed emerged from Chapter 11 bankruptcy this September. Its carrying less debt and better positioned to expand its 200mm fabs. Its stock looks undervalued and ripe for a short squeeze. But on ...

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 Wolfspeed, ...

The exit delivers a 4xMM return Optima is headquartered in Edinburgh BGF first backed Optima in October 2022 BGF has successfully exited from Optima Partners, delivering a 4xMM return and an IRR of ...

SINGAPORE, Nov 26 (Reuters) - When Shandong Yulong Petrochemical opened its Singapore office a year ago, the company staged a lion dance to herald prosperity for the new $20 billion oil refiner at the ...

Yulong refinery ramps up Russia oil buying after sanctions hit Refiner is top Chinese buyer by site of seaborne Russian crude Widening Western sanctions drive bifurcation of global oil trade Yulong ...