Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing ...
North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help ...
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...
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 ...
Senator Charles Schumer announced a substantial investment for the Marcy Nanocenter on Tuesday morning, thanks to the Senator ...
Wolfspeed stock jumped Tuesday after the electric-vehicle chip maker said it secured new financing and could get even more ...
The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money ...
North Carolina-based chip manufacturer Wolfspeed has obtained substantial grant money for building a sprawling silicon carbide wafer plant in its home state.
Semiconductor producer Wolfspeed is planning to put $750 million offered under preliminary terms from the U.S. Dept. of ...
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.