Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips WASHINGTON (AP) — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in N...Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips WASHINGTON (AP) — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in N...

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

WASHINGTON (AP) — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York.