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Wolfspeed plant nears opening as stock remains unloved - Business North Carolina

Summary by 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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Business North Carolina broke the news in on Wednesday, April 23, 2025.
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