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Wolfspeed shares lost nearly half their value Friday as comments by the semiconductor firm's outgoing interim Executive Chairman brought concerns about whether it will secure federal funding for its ...
Wolfspeed is discussing with the White House ways the company can support the Trump administration's efforts to reinforce U.S. industrial leadership in semiconductors, secure domestic supply chains, ...
Wolfspeed's shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States ...
Shares of chipmaker Wolfspeed plummeted in after-hours trading ... and as questions loom over the fate of $1.75 billion in federal grants and tax incentives. Shares of Wolfspeed were trading ...
Within an hour of trading Friday morning, the Durham semiconductor manufacturer Wolfspeed had lost half its value. Its shares dove below $2.80 before eventually plateauing around lunchtime. By ...
Shares of Wolfspeed (WOLF) are plummeting on concerns that it may not get the funding that was granted under the CHIPS Act given President Trump's desire to get rid of the law. Market Domination ...
Wolfspeed shares have sunk roughly 49% to $2.72 as of 1:25 p.m. New York time. Based on where the company’s stock is currently trading, a conversion to equity is unlikely unless that price reaches $47 ...
Wolfspeed is waiting on about $750 million in federal funding under the U.S. CHIPS Act, the 2022 bipartisan law which promised $52.7 billion in subsidies for domestic semiconductor chips ...