Why Wolfspeed Stock Just Popped
Source: Motley Fool
2025-12-01 11:00:23 ET
Wolfspeed (NYSE: WOLF) stock jumped 4.7% through 10:45 a.m. ET Monday after the silicon carbide and gallium nitride semiconductor specialist announced positive news for its balance sheet .
Citing Section 48D of the Internal Revenue Code, and specifically, the Advanced Manufacturing Investment Credit (AMIC) contained therein, Wolfspeed says the IRS just gave it a $698.6 million income tax refund.
$698.6 million in cash .
Wolfspeed Inc. New
NASDAQ: WOLF
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May 13, 2026 10:22:07 am
Wolfspeed Inc. (NYSE: WOLF) Posts Strong Gains in Wednesday Morning Trading
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