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Stock impact report

Wolfspeed Tops Out World’s Largest, Most Advanced Silicon Carbide Facility Alongside Senator Thom Tillis, Key Officials

Wolfspeed, Inc. (WOLF) 
Company Research Source: Business Wire
The John Palmour Manufacturing Center for Silicon Carbide (“the JP”) is a $5 billion investment that will bring jobs, economic growth to North Carolina SILER CITY, N.C.--(BUSINESS WIRE)--Today, Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, hosted Senator Thom Tillis (R-NC) and other local officials, community partners, and employees at a ceremony to celebrate the topping out of construction at the $5 billion John Palmour Manufacturing Center for Silicon Carbide. Located in Chatham County, North Carolina, the JP will produce 200mm silicon carbide wafers, significantly expanding Wolfspeed’s materials capacity, and meet the demand for next generation semiconductors critical to the energy transition and AI.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326668100/en/Senator Thom Tillis (R-NC) joined Wolfspeed President and CEO Gregg Lowe in signing ceremonial “last beam” at the Topping Out Show less Read more
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