Wolfspeed Secures $1.5 Billion in Funding to Drive Next-Gen Silicon Carbide Innovation

An abstract view of the chip making process at Wolfspeed

Wolfspeed, a leading provider of silicon carbide (SiC) technology, has announced two significant funding initiatives aimed at bolstering its leadership in the global semiconductor industry. The company is set to receive $750 million in proposed funding from the U.S. CHIPS Act, which is designed to support the U.S. semiconductor sector’s growth and innovation. Additionally, Wolfspeed […]