Wolfspeed Reaches $2.5B in Next-Generation 200mm Technology Investment
We are excited to announce that Wolfspeed signed a non-binding preliminary memorandum of terms (PMT) for up to a $750M Grant from the U.S. CHIPS Act as well as an incremental investment from Apollo Global Management, an equity offering to several large investors, and the expected $1B in section 48D cash tax credits. In total,…