The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...
The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...
Wolfspeed (WOLF) is up more than +34% after it said it is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management to support its ...
Tuesday closed down by -0.76%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.75%, and the Nasdaq 100 Index ...
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 ...
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.
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...
Wolfspeed Inc (NYSE:WOLF) shares are trading higher Tuesday after the company announced new proposed funding under the CHIPS and Science Act.
Wolfspeed is the world's largest producer of silicon carbide technology, pioneering the technology more than 35 years ago on the campus of North Carolina State University. Since that time, Wolfspeed ...
Boeing ( BA-N) filed papers with the U.S. markets regulator on Tuesday for raising up to US$25-billion through a stock and ...
U.S. chipmaker Wolfspeed is securing $750 million government funding for a North Carolina silicon carbide wafer plant. With ...