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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 ...
Rome Sentinel
1d
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 ...
17h
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 ...
GM Authority
1d
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 ...
The Oneida Daily Dispatch
16h
Schumer: Wolfspeed expands in Mohawk Valley
U.S. Senate Majority Leader Chuck Schumer announced Wolfspeed has reached a $750 million preliminary memorandum of terms ...
Compoundsemiconductor.net
1d
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 ...
1d
CHIPS Act funds for Wolfspeed, Intel, Micron accelerate global semiconductor race
Wolfspeed is now in the middle of a global manufacturing race with billions worth of federal grants and tax breaks going to ...
1d
on MSN
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.
19h
Three-quarters of $1B headed to North Carolina manufacturer
Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...
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