The Chips Act has spurred nearly $450 billion in commitments to build factories on US soil, approaching almost $10 of private sector investment for every $1 spent by the government. Even so ...

The US Investment Accelerator office is tasked with speeding up corporate spending in the US by reducing regulations and coordinating with federal agencies.

Should Wolfspeed snag CHIPS Act dollars, it’s unlikely to be at the level of what was promised under then-President Joe Biden. That’s according to Thomas Werner, interim CEO and chairman of ...

Shares of Wolfspeed plunged following a report that interim Executive Chairman Thomas Werner said the 2022 Chips Act is expected to evolve under the Trump administration. The stock was down 48% to ...