U.S. Senate Majority Leader Chuck Schumer announced Wolfspeed has reached a $750 million preliminary memorandum of terms ...

Wolfspeed stock has had an epic rebound in recent weeks as enthusiasm about its recovery grows. The company has secured ...

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 ...

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

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 ...

Shares are mostly lower in Asia after U.S. stocks pulled back from their records. Tokyo's Nikkei index fell 1.8%, leading the ...

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.

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