Wolfspeed is now in the middle of a global manufacturing race with billions worth of federal grants and tax breaks going to ...

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

The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...

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

With proposed investments from the federal government under the CHIPS Act and private investors, Wolfspeed will have access ...

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

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 ...

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

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