Wolfspeed

Wolfspeed is building a new semiconductor manufacturing plant in the Carolina Core, investing more than $5 billion and creating 1,800 jobs. The plant will produce silicon carbide materials for EVs and clean energy.

RFHIC Corp has signed a multi-quarter agreement worth at least $54 million to purchase gallium nitride on silicon carbide high-electron-mobility transistors from Wolfspeed, a Cree company. The deal supports RFHIC's expansion in the RF market, including 5G applications.

Cree has signed a long-term agreement worth more than $85 million to supply its Wolfspeed silicon carbide wafers to a leading power semiconductor manufacturer.