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Wolfspeed

Siler City NC SiC Materials Facility

Siler City, NC, USA

Operational
StatusConfirmedScheduleConfirmedInvestmentReportedWhat do these mean?
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Investment

$5.0B

CHIPS Act Funding

$750M

Technology Node

SiC substrate

Jobs Created

1,800

Project Type

Materials

Planned HVM Start

Jan 1, 2025

Actual HVM Start

Jun 29, 2025

Last Updated

Sep 20, 2026

Schedule slippage

No verified schedule baseline yet for this project. We add baselines only once we can cite an official earlier target — nothing is estimated.

Timeline

No milestones recorded for this project yet.

History of Changes

Data correction: Wolfspeed's Oct 29, 2025 earnings release says Siler City attained production readiness in late fiscal 2025 (the fiscal year ended June 29, 2025), after which its costs moved out of start-up costs. Status changed from under construction; the date shown is the fiscal year-end.

Sep 20, 2026 · status changed from "under_construction" to "operational"

CHIPS Act Funding

$750M

Direct funding award disclosed by the U.S. Department of Commerce's CHIPS for America program.

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Evidence

  • StatusConfirmed
  • ScheduleConfirmed
  • InvestmentReported

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General references

Starting points for this project — not a verification of any figure. See Evidence for what has been checked.