US chipmaker Wolfspeed's shares fell ~50% on Friday, hitting their lowest since 1998, a day after it appointed a new CEO, amid worries about CHIPS Act funding (Kritika Lamba/Reuters)

Kritika Lamba / Reuters:
US chipmaker Wolfspeed's shares fell ~50% on Friday, hitting their lowest since 1998, a day after it appointed a new CEO, amid worries about CHIPS Act funding  —  Wolfspeed's (WOLF.N) shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed …



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