North Carolina's Wolfspeed Inc. has entered into an agreement with the Commerce Department to receive $750 million to help create a new silicon carbide wafer manufacturing facility.

The $750 million investment kick-starts a $6 billion expansion plan that is expected to create 2,000 jobs in this high tech sector.

Semiconductor supply chain startup Pallidus Inc., which occupies space on Corporate Circle off New Karner Road in Albany, ...

Wolfspeed's transition to silicon carbide has led to growing losses, high capital spending, and underwhelming financial ...

Wolfspeed's use of silicon carbide enables the computer chips used in electric vehicles and other advanced technologies to be more efficient. The North Carolina-based company's two projects are ...

The firm confirmed it is canceling its expansion in Rock Hill, which last year was touted by state officials as a $443 ...

Wolfspeed's use of silicon carbide enables the computer chips used ... The North Carolina-based company's two projects are estimated to create 2,000 manufacturing jobs as part of a more than ...

Wolfspeed's use of silicon carbide enables the computer chips used ... The North Carolina-based company's two projects are estimated to create 2,000 manufacturing jobs – about 1,800 of them ...

The strike at the Union Carbide plant in South Charleston, West Virginia is over. According to a Facebook post by of the International Association of Machinists and Aerospace Workers (IAM) Local 598, ...

Wolfspeed's use of silicon carbide enables the computer chips used ... The North Carolina-based company's two projects are estimated to create 2,000 manufacturing jobs as part of a more than ...

The Durham semiconductor company could receive up to $750 million in federal funding as it seeks to strengthen its balance sheet while starting a projected 1,800-worker plant in Chatham County.

The US Department of Commerce has provisionally agreed to provide silicon carbide semiconductor manufacturer Wolfspeed with up to $750 million in direct funding under the CHIPS and Science Act.