Business
Wolfspeed Receives $698.6 Million in Section 48D Cash Tax Refunds from IRS
DURHAM, N.C., December 01, 2025--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
About this update from Wolfspeed, Inc.
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