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Wolfspeed shares plunge on uncertainty over $1.75B in federal funding, tax incentives

Summary by Wral News
Shares of Wolfspeed closed at $2.59 Friday, down about 56% from the close of regular trading on Wednesday. The share has dropped 91% in the past year as it undergoes a manufacturing transition amid softer demand for chips.

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Wolfspeed shares plunge on uncertainty over $1.75B in federal funding, tax incentives

Shares of Wolfspeed closed at $2.59 Friday, down about 56% from the close of regular trading on Wednesday. The share has dropped 91% in the past year as it undergoes a manufacturing transition amid softer demand for chips.

·Raleigh, United States
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GAGA INDIAGAGA INDIA

Chipmaker Wolfspeed's shares plunge over 45% to 27-year low - GAGA INDIA

Menu Home Equity Trading Account Portfolio (PMS) Unlisted Shares Physical to Demat Other Invest Mutual Fund Global Invest Bond Invest Fixed Deposit Real Estate Other Trading Forex Trading Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Updates Index Prediction India Market News USA Market News Source link The post Chipmaker Wolfspeed’s shares plunge over 45% to 27-year low appeared first on GAGA IND…

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Wral News broke the news in Raleigh, United States on Saturday, March 29, 2025.
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