Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government ...

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

Wolfspeed said a consortium of investment funds led by Apollo Global Management, the Baupost Group, Fidelity Management & ...

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

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 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.

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 ...

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.

As Wolfspeed completes its 1,800-job factory in Chatham County, it's now officially in line for major taxpayer dollars.

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

U.S. chipmaker Wolfspeed is securing $750 million government funding for a North Carolina silicon carbide wafer plant. With ...

The Durham semiconductor company could receive up to $750 million in federal funding as it seeks to strengthen its balance ...