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Wolfspeed Stock Soars
Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing
Key Takeaways Wolfspeed said it could get up to $2.5 billion from government and investor money infusion.The semiconductor maker received a proposed $750 million from the CHIPS Act, and could also realize $1.
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 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.
3h
on MSN
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 ...
1d
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 ...
The Oneida Daily Dispatch
2h
Schumer: Wolfspeed expands in Mohawk Valley
U.S. Senate Majority Leader Chuck Schumer announced Wolfspeed has reached a $750 million preliminary memorandum of terms ...
1d
on 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 ...
Rome Sentinel
23h
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 ...
Compoundsemiconductor.net
10h
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 ...
5h
Three-quarters of $1B headed to North Carolina manufacturer
Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...
1d
CHIPS Act funding puts Wolfspeed in line for billions as it builds North Carolina factory
As Wolfspeed completes its 1,800-job factory in Chatham County, it's now officially in line for major taxpayer dollars.
8h
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 ...
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