The Zhitong Finance App learned that the stock price of silicon carbide (SiC) chip manufacturing giant Wolfspeed (WOLF.US), which has been sluggish for a long time, soared more than 25% before the US stock market after receiving a total of 1.5 billion US dollars in financial aid from asset management agencies such as the US “Chip Act” and Apollo Asset Management.

The Zhitong Finance App learned that the stock price of silicon carbide (SiC) chip manufacturing giant Wolfspeed (WOLF.US), which has been sluggish for a long time, soared more than 25% before the US stock market after receiving a total of 1.5 billion US dollars in financial aid from asset management agencies such as the US “Chip Act” and Apollo Asset Management.