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Latham-Led Silicon Carbide Biz Lands $2.5B Of New Funding

By Jade Martinez-Pogue ( October 16, 2024, 4:29 PM EDT) -- Silicon carbide technology company Wolfspeed, advised by Latham & Watkins LLP and Smith Anderson, announced that it expects to receive up to $2.5 billion in new funding, through the CHIPS and Science Act and from a consortium that includes private equity giant Apollo, to support the expansion of silicon carbon manufacturing in the U.S....

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