SILER CITY, N.C. (WTVD) -- The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide ...

And across the country, millions of families are struggling with rising housing costs. In four of the seven swing states — Arizona, Georgia, Michigan and Nevada — more than half of tenant families ...

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The $750 million investment kick-starts a $6 billion expansion plan that is expected to create 2,000 jobs in this high tech sector.

Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.

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