Wolfspeed, Inc. (WOLF)

The company now

Wolfspeed reported fiscal fourth-quarter 2026 revenue of approximately $150 million on August 19, 2026, with a GAAP net loss of $145 million 2.

GAAP gross margin was negative 25 percent, so making the chips cost more than they sold for 2. The company said AI data center revenue rose about 20 percent from the prior quarter 2.

The newest news is financing 3. On October 7, 2026, Wolfspeed said it holds a conditional commitment letter from the U.S. Department of War for a senior secured loan of up to $1.5 billion 3.

The loan is not final 3. The filing lists due diligence, definitive agreements, congressional authorization and appropriations as conditions, and one condition is that Wolfspeed bring in at least $750 million of its own qualifying capital 3.

Evertiq reported that the department would receive warrants for up to 7.5 percent of the company's fully diluted equity if definitive agreements are signed 9.

At the annual meeting on October 27, 2026, stockholders elected seven directors and approved a 2026 employee stock purchase plan 5.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.