The U.S. Department of Commerce and an investment group led by Apollo Global Management have proposed providing Wolfspeed up to $1.5 billion as part of a push by the U.S. government to help fund semiconductor manufacturing domestically.
Wolfspeed in line to receive $1.5 billion through CHIPS Act, private group for US expansion
Proposed funds to be used to support domestic production of chemical compound used in EVs, data centers
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In