Wolfspeed Announces $750M in Proposed Funding from U.S.
Oct 15, 2024 · Today, the U.S. Department of Commerce and Wolfspeed (NYSE: WOLF) announced they have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 million in proposed direct funding under the CHIPS and Science Act.
Wolfspeed Announces $750M in Proposed Funding from U.S.
Oct 15, 2024 · U.S. Department of Commerce proposes $750 Million in CHIPS and Science Act funding to support Wolfspeed’s North Carolina expansion and catalyze New York expansion.
Silicon Carbide News & Events - Wolfspeed
Oct 15, 2024 · Silicon carbide is revolutionizing the heat pump and air conditioning industry by delivering unprecedented efficiency, enhanced durability, and superior performance in the most challenging of environments. Latest news and events from Wolfspeed as they lead the transformation from silicon to silicon carbide (SiC).
Biden admin to provide $750 million to North Carolina-based Wolfspeed …
Oct 15, 2024 · 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 …
Wolfspeed Announces Plan to Construct World’s Largest, Most …
Feb 1, 2023 · DURHAM, NC and ENSDORF, GERMANY – February 1, 2023 – Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology and production, today announced plans to build a highly-automated, cutting-edge 200mm wafer fabrication facility in …
Wolfspeed, Inc. Reports Q1 2025 Results and Strategic Moves
Nov 7, 2024 · Wolfspeed, Inc. ( (WOLF)) has released its Q1 earnings. Here is a breakdown of the information Wolfspeed, Inc. presented to its investors. Wolfspeed, Inc., a leader in silicon carbide technology ...
Wolfspeed Tops Out World’s Largest, Most Advanced Silicon …
Mar 26, 2024 · Wolfspeed Tops Out World’s Largest, Most Advanced Silicon Carbide Facility Alongside Senator Thom Tillis, Key Officials. YAHOO FINANCE INVEST. Key moments, takeaways, and full interviews from YF...
Wolfspeed Reports Financial Results for the First Quarter of Fiscal ...
Nov 6, 2024 · Wolfspeed incurred $19.7 million of factory start-up costs and $26.4 million of underutilization costs in the first quarter of fiscal 2025. Wolfspeed incurred $8.4 million of factory start-up ...
Biden-Harris Administration Announces Preliminary Terms with Wolfspeed …
Oct 15, 2024 · Wolfspeed’s products sold in 2023 will save approximately 72 million metric tons of CO2 over their lifetimes. Beyond EVs, Wolfspeed’s devices are utilized for renewable energy systems, industrial capacities, and artificial intelligence applications.
Wolfspeed laying off 20% of workforce - Yahoo Finance
3 days ago · Dive Brief: Wolfspeed plans to lay off 20% of its workforce, the chipmaker’s president and CEO Gregg Lowe announced on its Q1 earnings call on Nov. 6. The company will close multiple facilities ...