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Wolfspeed Wins $1.5 Billion in Financing From Chips Act, Apollo
Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo Global Management Inc.
Wolfspeed stock surges after securing $1.5bn in financing from CHIPS Act, Apollo
Wolfspeed (NYSE:WOLF) shares have surged more than 25% premarket Tuesday after it announced that it will receive significant financial support, with $750 million proposed from the U.S. Department of Commerce under the CHIPS
Wolfspeed Stock Soars 21% After EV-Chip Maker Secures New Funding
Chip maker Wolfspeed stock jumped early Tuesday after it said it secured new financing and could get even more funding from the U.S. Chips Act. The stock was up 21% to $13.77 in the premarket Tuesday.
Wolfspeed stock jumps after securing $1.5B in funding from CHIPS Act, Apollo
Shares of Wolfspeed (NYSE:WOLF) climbed over 25% Tuesday morning after the Biden-Harris administration announced plans to provide up to $750M in direct funding to the EV chipmaker to support the expansion of silicon carbide manufacturing in the U.
2h
Vatican unveils restored 'Apollo Belvedere', Roman marble masterpiece
The Vatican Museums unveiled on Tuesday a restoration of one of the crown jewels of their collection, a 2nd century marble ...
11d
Why Apollo is waking employees up at 4:30 a.m. and bringing in speakers to scare 'the bejesus out of them'
Apollo CEO Marc Rowan this week disclosed how the firm is seeking to drive a "play to win" culture as the investment ...
6d
Apollo’s Bet to Take on Banks Hit Snags Before Atlas CEO’s Exit
The deal had all the hallmarks of Wall Street’s inevitable power shift: Apollo Global Management Inc., king of the rising non ...
4d
on MSN
Apollo Beach residents stop cleaning up from Helene as they prepare to evacuate for Milton
In Apollo Beach, some people are still cleaning up from Hurricane Helene, but are now working to evacuate before Hurricane ...
4d
on MSN
60/40 portfolio is missing out without private market exposure, says Apollo's Stephanie Drescher
Stephanie Drescher, Apollo Global Management partner, joins 'Closing Bell Overtime' to talk her private market investing ...
12d
Apollo’s Ambitious Goals Include Bet on Americans Changing Savings Habits
Private asset management giant Apollo Global Management has a vision of getting to around $1.5 trillion in assets over the ...
5d
on MSN
Baidu to expand Apollo Go robotaxi service outside of China
Baidu, the Google of China, will roll out its driverless ride-hailing service overseas as it seeks to compete with the dearth ...
1d
Noble Fokus Apollo review: you’ve seen the rest, meet the best
Picking up the Noble Fokus Apollo, the first thing that you’ll notice is the weight. Though an exact figure isn’t provided, ...
5d
Apollo bridges the gap between GraphQL and REST APIs
Apollo GraphQL said the introduction of Apollo Connectors significantly reduces the need to write redundant resolver code ...
Pensions&Investments
5d
Apollo’s bet on private credit hit snags before Atlas CEO’s exit
The deal had all the hallmarks of Wall Street’s inevitable power shift: Apollo Global Management Inc., king of the rising non ...
1d
on MSN
Apollo, Fortis, Max Healthcare, others rise up to 38% ytd: Should you Buy or sell the Hospital stocks?
Apollo Hospitals, Fortis Healthcare , Max Healthcare Institute share prices have seen gains of 22-38% year to date. Should ...
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