Wolfspeed, Inc., the global leader in Silicon Carbide technology, today announced it will build a new, state-of-the-art, multi-billion-dollar Materials manufacturing facility in Chatham County. The investment is targeted to generate a more than 10-fold increase from Wolfspeed’s current Silicon Carbide production capacity on its Durham campus, supporting the company’s long-term growth strategy, accelerating the adoption of Silicon Carbide semiconductors across a wide array of end-markets and unlocking a new era of energy efficiency.