Government, Business, Technology

EV Chipmaker Wolfspeed Wins $1.5 Billion Financing

Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

October 15, 2024
Government, Business, Technology

Micron Clinches Up to $13.6 Billion in US Grants, Loans

The U.S. plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories.

April 25, 2024