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Wolfspeed shares lost nearly half their value Friday as comments by the semiconductor firm's outgoing interim Executive ...
Morgan Stanley is removing the firm’s rating and price target and moving to Not-Rated on Wolfspeed (WOLF) given the view that the CHIPS Act and ...
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 ...
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 ...
Shares of Wolfspeed plunged following a report that interim Executive Chairman Thomas Werner said the 2022 Chips Act is expected to evolve under the Trump administration. The stock was down 48% to ...
Shares of Wolfspeed closed at $2.59 Friday, down about 56% from the close of regular trading on Wednesday. The share has ...
That morning, rumors began circulating that the company would not receive the $750 million in CHIPS Act funding that the government had agreed to pay Wolfspeed during the prior administration.
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 ...
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 ...
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