The US Commerce Department has announced that it was allocating USD 750 million in government grants to a leading ...

The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...

The US Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 ...

Wolfspeed (WOLF) is up more than +34% after it said it is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management to support its ...

Tuesday closed down by -0.76%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.75%, and the Nasdaq 100 Index ...

The U.S. government is making a big bet on semiconductors, but a recent Wharton School analysis of subsidies to the ...

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

Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...

Wolfspeed has reached a preliminary agreement with the U.S. Commerce Department for $750 million in government grants to support its new North Carolina silicon carbide wafer manufacturing plant.

Wolfspeed Inc (NYSE:WOLF) shares are trading higher Tuesday after the company announced new proposed funding under the CHIPS and Science Act.