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

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 ...

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 ...

Britain's FTSE 100 advanced 0.6% to 8,300.26 after the government reported that inflation in the U.K. fell to 1.7% in September, its lowest level in more than three years. That reinforced expectations ...

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

The $750 million investment kick-starts a $6 billion expansion plan that is expected to create 2,000 jobs in this high tech sector.

Before the sun rose today, Senator Chuck Schumer announced a $750 million dollar federal investment in Wolfspeed, Marcy and ...

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 early Tuesday after the EV chipmaker said it secured new financing and could get even more funding ...

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