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

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

Wolfspeed stock jumped Tuesday after the electric-vehicle chip maker said it secured new financing and could get even more ...

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

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

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.

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

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

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, the computer chip maker that operates a factory outside of Utica, was awarded $750 million through the CHIPS and Science Act. The CHIPS and Science Act is the $52 billion economic incentive ...

Looking to boost production of wide bandgap semiconductors domestically, the U.S. Department of Commerce (DoC), through the ...