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

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

Wolfspeed (WOLF) is up more than +34% after it said it is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management to support its ...

Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.

Wolfspeed is now in the middle of a global manufacturing race with billions worth of federal grants and tax breaks going to ...

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.

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

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