Semiconductor manufacturer Wolfspeed is investing big in North Carolina with two chip-making technology projects worth more than $5 billion, including a new manufacturing plant and a partnership with North Carolina Agricultural and Technical State University to develop an on-campus research and development facility.
The company on March 28 announced its link with the university to apply for CHIPS and Science Act funding to build the research facility at the school's Durham campus. That follows its plan announced last September to build a $5-billion materials plant on a 445-acre site in Chatham County that it says would create at least 1,800 jobs.