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Technology Stocks : Wolf speed
WOLF 26.32+0.6%Oct 31 9:30 AM EST
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To: EvanG who wrote (10574)11/22/2022 4:15:58 PM
From: ynotgoal1 Recommendation

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Wolfspeed is considering building a chip factory in Germany
handelsblatt.com

The American chip manufacturer Wolfspeed is considering building a factory in Europe and is also examining locations in Germany. "Many of our European customers would like to have a plant near them," CEO Gregg Lowe told Handelsblatt. "We've already looked at a dozen locations here," including in Germany.

In the first half of 2023, he will decide whether Wolfspeed will settle in Europe, Lowe said. This is important in order to keep to the schedule: "The plant should go into operation at the beginning of 2027." So far, the company has only been manufacturing in the USA .
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