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Wolfspeed, Chips Act

The Motley Fool on MSN · 13h

Why Wolfspeed Stock Blasted Higher (Again) Today

Wolfspeed stock has had an epic rebound in recent weeks as enthusiasm about its recovery grows. The company has secured financing for its expansion plans. Wolfspeed stock carries a high degree of risk,

Barron's on MSN · 1d

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.

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.

Biden Backs Wolfspeed

Newsweek on MSN · 1d

Biden Backs Wolfspeed with $750M for Silicon Chip Plan

Harris administration committed up to $750 million in direct funding to Wolfspeed on Tuesday. Wolfspeed is a North Carolina-based company specializing in silicon carbide technology for advanced computer chips.

CBS News on MSN · 1d

Biden administration announces $750 million investment in North Carolina chipmaker Wolfspeed

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

Engineering News-Record · 1d

Wolfspeed to Advance Two Semiconductor Plants With $750M in Federal Funding

Semiconductor producer Wolfspeed is planning to put $750 million offered under preliminary terms from the U.S. Dept. of Commerce toward construction of one plant in North Carolina and the expansion of another in Now York, officials and the company announced Oct. 15.

1don MSN

EV chipmaker Wolfspeed set to receive $750 million US chips grant

Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing ...

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 ...

1don MSN

North Carolina's Wolfspeed to receive $750 million for semiconductor plant

North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help ...

11h

Wolfspeed’s Strategic Leap: Capitalizing on $1.5 Billion Funding to Strengthen Market Position

Canaccord Genuity analyst George Gianarikas has maintained their bullish stance on WOLF stock, giving a Buy rating yesterday. George ...

5d

Why Wolfspeed Rocketed 20% Higher Today

Wolfspeed, which had seen its stock crash 93% off its 2021 highs, was perhaps due for a bounce on any good news. And some ...

15h

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

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

11h

Wolfspeed Faces Financial Strain Amidst SiC Market Oversupply and EV Sector Slowdown

Mizuho Securities analyst Vijay Rakesh has maintained their bearish stance on WOLF stock, giving a Sell rating yesterday. Vijay Rakesh has ...

The Oneida Daily Dispatch12h

Schumer: Wolfspeed expands in Mohawk Valley

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

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