In addition, Wolfspeed secured $750 million in fresh financing from firms including Apollo and Fidelity. Please watch the ...

Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...

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

North Carolina-based chip manufacturer Wolfspeed has obtained substantial grant money for building a sprawling silicon carbide wafer plant in its home state.

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 ...

Britain's FTSE 100 advanced 0.6% to 8,300.26 after the government reported that inflation in the U.K. fell to 1.7% in September, its lowest level in more than three years. That reinforced expectations ...

The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money ...

Wolfspeed, a US-based silicon carbide (SiC) chipmaker, has secured up to US$750 million in federal funding to construct a new ...

The $750 million investment kick-starts a $6 billion expansion plan that is expected to create 2,000 jobs in this high tech sector.

The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that ...