Wolfspeed stock dropped more than 47% on Friday after rumors spread that the company may no longer get the $1.5 billion in CHIPs Act funding it was expecting. The company makes si ...

The law was created as a hedge against supply chain issues and trade competition ... s negative stance on the CHIPS Act,” ...

Wolfspeed shares lost nearly half their value Friday as comments by the semiconductor firm's outgoing interim Executive ...

Wolfspeed (NYSE:WOLF) shares crashed more than 40% on Friday amid speculation that the Durham, N.C.-based silicon carbide supplier has lost access to its CHIPs Act funding. Wolfspeed did not ...

Wolfspeed stock faces a massive drop due to funding woes, poor financial health, and dire risks. Read why I think WOLF stock ...

Should Wolfspeed snag CHIPS Act dollars, it’s unlikely to be at the level of what was promised under then-President Joe Biden. That’s according to Thomas Werner, interim CEO and chairman of the Durham ...

Wolfspeed (WOLF) interim Executive Chairman Thomas Werner told reporters that the $750M funding agreement secured by the company under the CHIPS Act will likely “evolve” because the company ...

Goldman Sachs lowered the firm’s price target on Wolfspeed (WOLF ... 50% last week due to market concerns around receiving CHIPS Act funding, but the company had recently stated that it can ...

Wolfspeed shares lost nearly half their ... $750 million in grants and $1 billion in tax credits from the CHIPS and Science Act of 2022. Outgoing interim Executive Chairman Thomas Werner raised ...