Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo

Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc. to support its factory expansion plans.

By: financialpost.com

Oct 15 2024
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Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo

(Bloomberg) — Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc. to support its factory expansion plans. Read More

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Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo

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