Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...

The US Commerce Department has announced that it was allocating USD 750 million in government grants to a leading ...

The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...

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.

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.

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 ...

Wolfspeed is expected to obtain government funds of $750 million for its new silicon carbide wafer production facility located in North Carolina. TakeAway Points: Wolfspeed has been awarded government ...

The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.

The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...

Wolfspeed Inc (NYSE:WOLF) shares are trading higher Tuesday after the company announced new proposed funding under the CHIPS and Science Act.

The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...