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Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants
North Carolina's Wolfspeed to receive $750 million for semiconductor plant
North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help create a new silicon carbide wafer manufacturing facility.
Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant
The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.
Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips
The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its
22h
Three-quarters of $1B headed to North Carolina manufacturer
Silicon carbide power solutions company Wolfspeed, headquartered in North Carolina, has a tentative memorandum of ...
Rocky Mount Telegram
1h
Wolfspeed to get $750M in federal funding for advanced computer chips
The Biden administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money ...
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 ...
20h
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 ...
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 ...
The Oneida Daily Dispatch
19h
Schumer: Wolfspeed expands in Mohawk Valley
U.S. Senate Majority Leader Chuck Schumer announced Wolfspeed has reached a $750 million preliminary memorandum of terms ...
electronics360.globalspec
1d
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 ...
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