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

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 ...

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

Fairway Independent Mortgage Corporation agreed to pay $8 million and a $1.9 million civil penalty to settle allegations of ...

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 ...

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

Semiconductor producer Wolfspeed is planning to put $750 million offered under preliminary terms from the U.S. Dept. of ...

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