Wolfspeed (NYSE:WOLF) shares fell more than 2% on Tuesday as the semiconductor company said it would apply for funding from the U.S. CHIPS and Science Act to build a research facility. Wolfspeed (WOLF), which specializes in silicon carbide, will build the new facility on North Carolina A&T's campus, with the focus supporting the company's next-generation semiconductors. "The R&D facility will enable the next generation of innovators to explore new processes, applications and breakthrough advancements to support the global transition from silicon to Silicon Carbide technology and achieve new levels of sustainability and energy efficiency across a variety of industries," Wolfspeed...