Wolfspeed, Chips and Apollo
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.
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.
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.
Wolfspeed stock surges after securing $1.5bn in financing from CHIPS Act, Apollo
Wolfspeed (NYSE:WOLF) shares have surged more than 25% premarket Tuesday after it announced that it will receive significant financial support, with $750 million proposed from the U.S. Department of Commerce under the CHIPS
Wolfspeed stock jumps after securing $1.5B in funding from CHIPS Act, Apollo
Shares of Wolfspeed (NYSE:WOLF) climbed over 25% Tuesday morning after the Biden-Harris administration announced plans to provide up to $750M in direct funding to the EV chipmaker to support the expansion of silicon carbide manufacturing in the U.
Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
TSMC's US chip production for Apple is "a success story," said an analyst. And it's key to the Biden administration's ...
Tostitos and Ruffles shrank their bags of chips. It backfired
PepsiCo, the maker of popular chip brands Lay’s, Doritos and Ruffles, is increasing snack sizes at a time when sales have ...
Apple's Supply Chain Gears Up for MacBook Pro Models With M4 Chips
Apple's supply chain is gearing up for new MacBook Pro models with M4 chips, which are expected to be announced this month, ...
ktiv34m
PepsiCo is unshrinking shrinkflation by adding more chips back to bags
PepsiCo will put more chips in some Tostitos and Ruffles bags to bring back customers who are tired of higher prices with ...
Xscape is building multicolor lasers to connect chips within data centers
Xscape, a startup founded by Columbia professors, is developing lasers to drive the fiber-optic interconnects in datacenters.
Opinion: Trips Ahoy isn't Chips Ahoy, but cannabis-infused snack packaging looks close
South offers this regular column as a public service to help consumers make informed decisions and avoid scams.
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 ...
AMD, Intel, and a slew of tech companies are teaming up to fend off ARM chips
The alliance includes a long list of other founding members including Microsoft, Google, and Meta, as well as Lenovo, the ...