With respect to electric vehicles (EVs), silicon carbide aids in helping inverters manage power flow from batteries to the ...

Wolfspeed is currently facing financial difficulties as the EV market shifts course with new regulatory policies. Learn more ...

The cuts come as the Durham chipmaker has been working to reduce operational costs and manage debt amid uncertainty over ...

Wolfspeed, the anchor of one of the region's megasite campuses, has eliminated at least a third of its current workforce at the Siler City manufacturing plant. The N.C. Commerce Department said ...

The $1.75 billion in federal grants and incentives is in addition to another $750 million pledged by a private investment ... CEO, Wolfspeed executives said the funding agreement could change ...

Wolfspeed shares dropped 22.8% on Friday. The company reported disappointing quarterly results and announced leadership changes. Get access to the leaderboards pointing to tomorrow’s biggest ...

the risk that Wolfspeed’s investments may experience periods of significant market value and interest rate volatility causing it to recognize fair value losses on its investment; the risk posed ...

The company planned to use the money, along with $750 million from a consortium of investment funds ... the legislation will change in some fashion, Axios reported. Wolfspeed Named New CEO ...

Werner added that Wolfspeed anticipates a final decision on the CHIPS grant by late summer, although it believes the legislation will change in some fashion, Axios reported. Werner stepped into ...

the risk that Wolfspeed’s investments may experience periods of significant market value and interest rate volatility causing it to recognize fair value losses on its investment; the ...