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 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 ...

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 ...

The U.S. government is making a big bet on semiconductors, but a recent Wharton School analysis of subsidies to the ...

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

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.

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

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

Boeing ( BA-N) filed papers with the U.S. markets regulator on Tuesday for raising up to US$25-billion through a stock and ...

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.