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Wolfspeed Soars 14% on $1.5B Conditional Department of War Loan Commitment; On Semiconductor and Texas Instruments Slip
Source: 247wallst.com
Company FundamentalsTechnology & InnovationFiscal Policy & BudgetInvestor Sentiment & Positioning
Wolfspeed shares rose 14% to $35.89 in morning trading as investors responded to a conditional federal financing commitment. Larger power-chip makers and the broader semiconductor group drifted lower, leaving the move specific to Wolfspeed in the report.
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