Wolfspeed plant nears opening as stock remains unloved - Business North Carolina
1 Articles
1 Articles
Wolfspeed plant nears opening as stock remains unloved - Business North Carolina
Many folks of all political stripes agree the U.S. needs to expand domestic chip manufacturing production to relieve our reliance on China. So Wolfspeed’s $5 billion bet on a Chatham County plant, supported by a $750 million in government backing pledged by the Biden Administration, makes sense to a lot of people across the political spectrum. Support for the plant in North Carolina is reflected in pledges of more than $700 million in incentives…
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