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Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants
Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant
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.
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 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.
2d
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 ...
2d
on 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 ...
Executive Gov
9h
Commerce Dept Makes Investment in Silicon Carbide Production
The new 200mm silicon carbide wafer manufacturing facility—made possible with partner Wolfspeed—will be the largest in the ...
Rome Sentinel
2d
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 ...
10h
Durham-based Wolfspeed to receive $750M in federal funding for new facility
Durham-based business Wolfspeed has been approved to receive up to $750 million in federal funding for the construction of a ...
Rocky Mount Telegram
17h
Wolfspeed to get $750M in federal funding for advanced computer chips
The Biden administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money ...
Compoundsemiconductor.net
1d
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 ...
2d
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 ...
1d
Three-quarters of $1B headed to North Carolina manufacturer
Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...
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