NC chipmaker Wolfspeed lands federal CHIPS Act grant to support …

Oct 15, 2024 · A $750-million grant through the CHIPS and Science Act will support Wolfspeed’s incoming massive materials factory in Chatham County and its existing fabrication site in New York State.

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NC Chipmaker Wolfspeed Lands Federal CHIPS Act Grant To Support …

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EV Chipmaker Wolfspeed Set To Receive $750 Million US Chips Grant

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Oct 15, 2024 · WASHINGTON (Reuters) -Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. …

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NC Chipmaker Wolfspeed Lands Federal CHIPS Act Grant To Support …

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Oct 15, 2024 · NC chipmaker Wolfspeed lands federal CHIPS Act grant to support new Siler City factory ... A $750-million grant through the CHIPS and Science Act will support Wolfspeed’s …

yahoo.com

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Biden Administration Announces $750 Million Investment In North ...

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Oct 15, 2024 · Biden announces $8.5 billion federal investment in Intel computer chip plants 06:53. The Biden-Harris administration announced plans Tuesday to provide up to $750 …

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Reps. Foushee, Ross, Nickel Announce $750 Million In Federal …

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DURHAM, NC (October 17, 2024) — Today, Congresswoman Valerie Foushee (NC-04), Congresswoman Deborah Ross (NC-02), and Congressman Wiley Nickel (NC-13) announced …

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Wolfspeed Investment: Biden Admin To Give $750M To North …

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Oct 15, 2024 · The new Wolfspeed facility in Siler City would produce the silicon carbide that enables computer chips used in electric cars to be more efficient ... The North Carolina-based …

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Chip Supplier For GM, Mercedes Qualifies For $750 Million U.S. Grant

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Oct 15, 2024 · WASHINGTON — Wolfspeed, a chipmaker for General Motors and Mercedes, is set to receive $750 million in government grants for its new North Carolina silicon carbide …

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U.S To Invest $750 Million In North Carolina Chip Company - Fast …

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Oct 15, 2024 · The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory …

fastcompany.com

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Biden Admin To Provide $750 Million To North Carolina-based …

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Oct 15, 2024 · Wolfspeed's use of silicon carbide enables the computer chips used in electric vehicles and other advanced technologies to be more efficient. The North Carolina-based …

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Biden Admin To Provide $750 Million To North Carolina-based …

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Oct 15, 2024 · Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips by JOSH BOAK, Associated Press - 10/15/24 5:02 AM ET

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Wolfspeed, A Maker Of EV Chips, Gets $750 Million In Grants For

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Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department said Tuesday, …

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Biden Admin To Provide $750 Million To North Carolina-based …

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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 …

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EV Chipmaker Wolfspeed Set To Receive $750 Million US Chips Grant

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Oct 15, 2024 · Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department …

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Wolfspeed CEO On $750M CHIPS Grant, Domestic Chip Production

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Oct 15, 2024 · EV chipmaker Wolfspeed (WOLF) is set to receive a $750 million CHIPS Act grant from the US government. Wolfspeed CEO Gregg A. Lowe, joins Asking for a Trend to discuss …

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CHIPS Act Funding Will Create More Jobs In Durham After MACOM …

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2 days ago · Wolfspeed's manufacturing facility under construction in Chatham County, which could eventually employ 1,800 workers, is in line for $750 million from the CHIPS Act. It also …

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CHIPS Act Funding Will Create More Jobs In Durham After MACOM …

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Days before the Biden administration's term ends, the U.S. Commerce Department approved a $70 million CHIPS and Science Act grant that will again benefit the Triangle region. Why it …

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MACOM Gets CHIPS Grant To Grow Triangle Semiconductor Site

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1 day ago · With days before an administration change, the U.S. Department of Commerce awarded $70 million to the chipmaker MACOM under the CHIPS and Science Act, a …

newsobserver.com

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Why North Carolina Chipmaker Wolfspeed Is Among The Most

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1 day ago · In October, the company received a long-awaited $750 million grant through the federal CHIPS and Science Act to support its Siler City materials factory and New York State …

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Wolfspeed Completes $200 Million At-The-Market Equity Offering

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1 day ago · Wolfspeed, Inc. (NYSE: WOLF) announced today that it has completed the offering of shares of its common stock under its previously announced “at the market” offering program …

marketscreener.com

FAQs about NC chipmaker Wolfspeed lands federal CHIPS Act grant to support … Coupon?

Will Wolfspeed receive a $750 million chips Act grant?

9 In this article: EV chipmaker Wolfspeed (WOLF) is set to receive a $750 million CHIPS Act grant from the US government. Wolfspeed CEO Gregg A. Lowe, joins Asking for a Trend to discuss the grant and how it will contribute to the company's growth. ...

Will Wolfspeed get $750 million in government grants?

REUTERS/Thilo Schmuelgen/File By David Shepardson and Sameer Manekar WASHINGTON (Reuters) -Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department said Tuesday, sending the U.S. chipmaker's shares surging more than 30%. ...

How much money will Wolfspeed invest in North Carolina?

Under a state economic incentive agreement, Wolfspeed committed to create more than 1,800 jobs and invest $5 billion at the future Chatham County plant. A month before this North Carolina expansion announcement, President Joe Biden signed the CHIPS Act, which reserved $53 billion in grants for U.S. producers of semiconductors. ...

How will Wolfspeed's new technology grant help Wolfspeed grow?

Wolfspeed CEO Gregg A. Lowe, joins Asking for a Trend to discuss the grant and how it will contribute to the company's growth. Lowe explains that the funding will go toward expanding two of its facilities in North Carolina and New York, and ultimately drive scale, which will "help keep the advantage of this technology in the United States." ...

Why did the triangle get a federal chip grant?

Context: The funding is the third investment the Triangle has landed from the federal CHIPS Act, a signature policy of the Biden administration to boost domestic manufacturing of semiconductors and computer chips. ...

Does Wolfspeed have a new factory in New York?

A $750-million grant through the CHIPS and Science Act will support Wolfspeed’s incoming massive materials factory in Chatham County and its existing fabrication site in New York State. Negotiations have progressed for months, with Wolfspeed CEO Gregg Lowe sharing in August that the company and government were working out “final terms.” ...