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Wolfspeed Stock Soars

Barron's on MSN · 22h

Wolfspeed Stock Soars 21%. The Chips Act Keeps on Giving.

Wolfspeed stock jumped early Tuesday after the EV chipmaker said it secured new financing and could get even more funding from the U.S. Chips Act. The stock was up 21% to $13.77 in the premarket Tuesday.

Investopedia on MSN · 1d

Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing

Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much as $2.5 billion in government and private funding.

Bloomberg L.P. · 1d

Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo

Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc.

CHIPS Act funding puts Wolfspeed in line for billions

The Associated Press on MSN · 1d

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

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 makes the wafers used in advanced computer chips and its factory in Marcy,

The Business Journals · 1d

CHIPS Act funding puts Wolfspeed in line for billions as it builds North Carolina factory

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

CBS News on MSN · 23h

Biden admin to invest $750 million in N. Carolina chipmaker Wolfspeed

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

1don MSN

NC chipmaker Wolfspeed lands federal CHIPS Act grant to support new Siler City factory

The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...

Rome Sentinel20h

Wolfspeed enters into preliminary agreement for $750 million in CHIPS funds

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

Compoundsemiconductor.net8h

Wolfspeed announces $750M in CHIPS Act funding

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

3h

Three-quarters of $1B headed to North Carolina manufacturer

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

23h

CHIPS Act funds for Wolfspeed, Intel, Micron accelerate global semiconductor race

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

6h

Wolfspeed CEO on CHIPS grant, Kinetic Automation CEO talks AI: Asking for a Trend

On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest themes and stories of the trading ...

electronics360.globalspec6h

US domestic SiC manufacturing expands with Wolfspeed deal

Looking to boost production of wide bandgap semiconductors domestically, the U.S. Department of Commerce (DoC), through the ...

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