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Technology Stocks : Wolf speed

WOLF 30.76

-0.4%

Oct 28 9:30 AM EDT

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From: Ron	3/28/2025 5:09:05 PM
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Wolfspeed's (WOLF) shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States remains uncertain. Wolfspeed is waiting on about $750 million in federal funding under the U.S. CHIPS Act, the 2022 bipartisan law which promised $52.7 billion in subsidies for domestic semiconductor chips manufacturing and production reuters.com Seeks alternatives for convertible notes: businesswire.com.

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