GlobalWafers to invest 4B dollars in wafer manufacturing in the USA

Meanwhile, Wolfspeed in North Carolina has their building nearly done (last time I drove past a few months ago) and is already growing silicon carbide crystals. They will be making 200mm wafers.<p><a href="https:&#x2F;&#x2F;maps.app.goo.gl&#x2F;jQJ117hsBiP3q8uc9" rel="nofollow">https:&#x2F;&#x2F;maps.app.goo.gl&#x2F;jQJ117hsBiP3q8uc9</a><p>They received $750mm under the CHIPS Act.

Now watch as all these promised investments are gradually and silently scaled down during the next 3 years. These companies have really understood that the current administration is all talk no substance.