Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government ...

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

Wolfspeed said a consortium of investment funds led by Apollo Global Management, the Baupost Group, Fidelity Management & ...

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

Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government ...

The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer ...

Wolfspeed a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

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.

The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...

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