EV chipmaker Wolfspeed set to receive $750 million US chips grant
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JPMorgan Reiterates Neutral Rating on Wolfspeed (WOLF)
October 16, 2024 6:14 AM EDTJPMorgan analyst Samik Chatterjee reiterated a Neutral rating and $20.00 price target on Wolfspeed (NYSE: WOLF)
The analyst comments "Wolfspeed announced cumulative funding of ~$2.5 bn, with $750 mn in direct funding from the CHIPS Act as well as another $750 mn from an... More
Citi Reiterates Neutral Rating on Wolfspeed (WOLF)
October 15, 2024 4:00 PM EDTCiti analyst Atif Malik reiterated a Neutral rating and $16.00 price target on Wolfspeed (NYSE: WOLF).
The analyst comments "Wolfspeed today announced signing non-binding preliminary memorandum of terms (PMT) with the US Department of Commerce for receiving up to $750M CHIPS... More
