Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing ...
North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help ...
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...
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 ...
Senator Charles Schumer announced a substantial investment for the Marcy Nanocenter on Tuesday morning, thanks to the Senator ...
Wolfspeed stock jumped Tuesday after the electric-vehicle chip maker said it secured new financing and could get even more ...
The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...
North Carolina-based chip manufacturer Wolfspeed has obtained substantial grant money for building a sprawling silicon carbide wafer plant in its home state.
Wolfspeed gains $750 million in federal support for U.S. silicon carbide production under the CHIPS and Science Act.
Semiconductor producer Wolfspeed is planning to put $750 million offered under preliminary terms from the U.S. Dept. of ...