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

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

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 ...

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.

Wolfspeed has been granted $750 million under the US Chips Act and will claim a further 25% tax relief on capital expenditures. The money will go towards ...

On Tuesday, Wall Street pulled back from its records, with the S&P 500 falling 0.8% to 5,815.26, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average ...