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.
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Wolfspeed announces $750M in CHIPS Act funding
The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...
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 ...
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.
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Chip supplier for GM, Mercedes qualifies for $750 million U.S. grant
The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...