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Wolfspeed Stock Soars
Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much as $2.5 billion in government and private funding.
Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo
Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc.
EV Chipmaker Wolfspeed Wins $1.5 Billion Financing
Wolfspeed a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.
1d
EV chipmaker Wolfspeed set to receive $750 million US chips grant
Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing ...
Benzinga on MSN
21h
EV Chipmaker Wolfspeed Secures $750M Government Grants for NC Wafer Factory
Wolfspeed has reached a preliminary agreement with the U.S. Commerce Department for $750 million in government grants to support its new North Carolina silicon carbide wafer manufacturing plant.
1d
CHIPS Act funding puts Wolfspeed in line for billions as it builds North Carolina factory
As Wolfspeed completes its 1,800-job factory in Chatham County, it's now officially in line for major taxpayer dollars.
1d
on MSN
NC chipmaker Wolfspeed lands federal CHIPS Act grant to support new Siler City factory
The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...
20h
on MSN
Wolfspeed Stock Is Ripping Higher Tuesday: Here's Why
Wolfspeed Inc (NYSE:WOLF) shares are trading higher Tuesday after the company announced new proposed funding under the CHIPS ...
19h
on MSN
Biden administration announces $750 million investment in North Carolina chipmaker Wolfspeed
Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.
19h
CHIPS Act funds for Wolfspeed, Intel, Micron accelerate global semiconductor race
Wolfspeed is now in the middle of a global manufacturing race with billions worth of federal grants and tax breaks going to ...
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