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Wolfspeed stock surges after securing $1.5bn in financing from CHIPS Act, Apollo

By Yahoo! Finance   |   Oct 15, 2024 at 07:04 AM EST
Wolfspeed stock surges after securing $1.5bn in financing from CHIPS Act, Apollo

Wolfspeed shares surged over 25% premarket after securing $1.5 billion in funding from the U.S. Department of Commerce and a consortium led by Apollo. The investment will drive U.S.

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