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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 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.
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.
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
4h
Schumer: Wolfspeed expands in Mohawk Valley
U.S. Senate Majority Leader Chuck Schumer announced Wolfspeed has reached a $750 million preliminary memorandum of terms ...
7h
Three-quarters of $1B headed to North Carolina manufacturer
Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...
GM Authority
12h
GM Supplier Wolfspeed Obtains $750M U.S. Chips Grant
North Carolina-based chip manufacturer Wolfspeed has obtained substantial grant money for building a sprawling silicon carbide wafer plant in its home state.
11h
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 ...
electronics360.globalspec
11h
US domestic SiC manufacturing expands with Wolfspeed deal
Looking to boost production of wide bandgap semiconductors domestically, the U.S. Department of Commerce (DoC), through the ...
1d
on MSN
Biden admin to invest $750 million in N. Carolina chipmaker Wolfspeed
Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.
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